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Mersana raises $27mm through Series A-1 round

Executive Summary

Mersana Therapeutics Inc. (polymer-based drug delivery technology for cancer treatments) raised $27mm through its Series A-1 recapitalization financing round. New investors New Enterprise Associates (lead) and Pfizer Venture Investments were joined by returning backers Fidelity Biosciences, ProQuest Investments, Rho Ventures, and Harris & Harris Group. New Enterprise Associates' general partner David Mott will become chairman of Mersana, joined on the company's board by NEA principal Sara Nayeem, MD.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
  • Biotechnology
    • Antisense, Oligonucleotides
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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