Vedana Therapeutics Launches With $46 Million Series A Financing to Advance Next-Generation Migraine Therapies

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Summary

Vedana Therapeutics launched out of stealth with $46 million in Series A financing. The company plans to use the capital to advance next-generation migraine therapies, including a lead anti-PACAP antibody and a bispecific program targeting PACAP and CGRP. Its team includes executives and advisors with deep experience in migraine drug discovery, clinical development, and commercialization. The financing was co-led by Westlake BioPartners and Canaan Partners, with additional participation from Dawn Biopharma and Alexandria Venture Investments.

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Amount $46.0M Total raised
Date June 17, 2026 Announcement date
Investors Westlake Village BioPartners, Alexandria Venture Investments, Canaan Partners Lead investors
Company vedanatx.com Funded company

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