NOXXON Pharma Raises Additional €2M in Series D Financing

NOXXON Pharma AG, a Berlin, Germany-based biotechnology company developing a promising new class of therapeutics called Spiegelmers, which are oligonucleotides made from the L-stereoisomer of RNA, has completed an additional €2m funding in its series D round.

This adds to the €33m raised in May 2010, and brings the total amount in this series D financing to €35m in aggregate.

New investors include CD Ventures and other private partners. They add to NGN Capital, TVM Capital, Sofinnova Partners, Edmond de Rothschild Investment Partners, Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft (DEWB), Seventure Partners, The Dow Chemical Company, Dieckell Group, Oppenheim Asset Management Services, IBG Risikokapitalfonds, VC Fonds Berlin, CD Ventures and others.

The company currently employs approximately 60 people.



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