VectorY raises $138 million in Series A financing

13 November 2023

Dutch biotech company VectorY Therapeutics today announced the close of a 129 million-euro ($138 million) Series A financing.

The proceeds will be used to advance its vectorized antibody programs in neurodegenerative diseases. The round was co-led by EQT Life Sciences and the Forbion Growth Opportunities Fund, said VectorY, which came out of stealth in June 2021 with 31 million euros financing, co-led by founding investor Forbion and a leading global investment firm. BGV and Eli Lilly (NYSE: LLY) also joined the syndicate.

New and existing investors also participated in the financing, including MRL Ventures Fund, a corporate venture arm of Merck & Co (NYSE: MRK), Insight Partners, ALS Investment Fund, Forbion Ventures, BioGeneration Ventures (BGV) and another known investor.

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