ImaginAb raises $12.5 million series A

ImaginAb Inc. (Inglewood, Calif.) raised $12.5 million in a series A round led by Novartis Venture Funds. Merieux Developpement; Nextech Invest; Cycad Group; and Momentum Biosciences participated. Novartis and Merieux will appoint directors to ImaginAb's board. ...