March 3 Venture Roundup: Bionaut debuts with $20M; plus Janux, Century, Caribou, Medilink, Oxular and more
Bionaut Labs launched Wednesday with a $20 million round led by Khosla Ventures. Upfront Ventures, Revolution, Bold Capital and Compound also participated. The Los Angeles-based company is developing microscale robots to locally deliver biologics, nucleic acids and small molecules to the brain to treat CNS disorders.
San Diego-based Janux Therapeutics raised $56 million in a series A round led by Avalon Ventures. New investors OrbiMed and RA Capital Management joined the round, as did existing investors Bregua and Correlation Ventures. Janux is developing a preclinical pipeline of T cell engaging therapeutics using its Tumor Activated T Cell Engager (TRACTr) technology. ...