AfterRaise/Companies/Lycia Therapeutics

Lycia Therapeutics

USASouth San FranciscoBiotech & PharmaSeries D

Overview

Where Lycia Therapeutics is now

Lycia Therapeutics announced a Series D round of $75M on 29 June 2026, led by Janus Henderson Investors and Balyasny Asset Management.

Observed Described in the funding announcement as "developer of extracellular protein degradation and lysosomal targeting chimera (LYTAC) therapeutics". Source

Latest round
Series D
Amount
$75M
Announced
29 June 2026
Headquarters
South San Francisco, USA
Sector
Biotech & Pharma
Growth stage
Series C+
Investors
Janus Henderson Investors and Balyasny Asset Management
Also participating
Adage Capital Management, HBM Healthcare Investments, OrbiMed, Eli Lilly and Company, Franklin Templeton, Invus, RTW Investments, and Venrock Healthcare Capital Partners
Relevant leadership
President and CEO Aetna Wun Trombley

Current direction Inferred

What this company is working on

Research and development

Read from the company's own description of what the funding supports.

Momentum Inferred

AfterRaise Score

73
Building momentum
1 funding signal in the last 90 days
Funding recency
34/40
announced within the last 60 days
Round scale
19/25
round size relative to the market
Funding stage
20/20
Series D
Funding cadence
0/15
one funding event tracked this year
Arriving with the signals layer
  • Hiring momentum Open roles and hiring pace
  • Market expansion New offices and new countries
  • Leadership Executive appointments
  • Product activity Launches and releases

Growth timeline

What has happened so far

  • 29 June 2026
    $75M Series D
    Led by Janus Henderson Investors and Balyasny Asset Management.

Observed The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.

Moves

Published by the company

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Opportunities

Work this company has opened

No open Opportunities listed

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Open to

Who may approach Lycia Therapeutics

Not yet specified

Lycia Therapeutics has not told AfterRaise which approaches it welcomes. Until it does, we do not assume. Offers to help are held and shown to the company, and the company decides whether to open a conversation.

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Helpful contributors

People who have contributed here

Nobody yet

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Also moving

Other Biotech & Pharma companies

See the sector