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Kynexis

Biotech & Life Sciences · Naarden, Netherlands · Founded 2023

Precision therapeutics for cognitive impairment in schizophrenia MoreLess

Kynexis is a clinical-stage biotechnology company developing precision therapeutics for brain diseases, with a primary focus on Cognitive Impairment Associated with Schizophrenia (CIAS). The company was founded in 2023 and has headquarters in Naarden, Netherlands, and a US subsidiary in Cambridge, Massachusetts. Kynexis launched with a significant Series A financing of €57 million ($60.4M) in November 2023, led by Forbion, Ysios Capital, and Sunstone Life Science Ventures.

The company's scientific foundation is based on the pioneering research of its scientific co-founders, Dr. Robert Schwarcz of the University of Maryland and Dr. Carol Tamminga of the University of Texas Southwestern Medical Center. Dr. Schwarcz's work was instrumental in understanding the kynurenine pathway's role in cognition and schizophrenia pathophysiology, while Dr. Tamminga is a leader in translational research into psychosis and its underlying mechanisms. Kynexis’s strategy centers on a precision medicine approach, utilizing human genetics and biomarkers to identify and stratify patient populations most likely to respond to treatment. This approach moves away from traditional reliance on animal models for neuropsychiatric disorders.

The company's lead product candidate is KYN-5356, a potent and highly selective, first-in-class small molecule inhibitor of the Kynurenine Aminotransferase II (KAT-II) enzyme. Kynexis acquired an exclusive worldwide license for KYN-5356 from Mitsubishi Tanabe Pharma Corporation (MTPC). The drug aims to address CIAS by modulating the kynurenine pathway to regulate kynurenic acid levels in the brain, which are believed to be a key cause of cognitive impairment in people with schizophrenia. In early 2024, Kynexis initiated a first-in-human Phase 1 clinical trial for KYN-5356, which has since yielded positive topline results, demonstrating safety, tolerability, and significant brain penetration in healthy volunteers. The company is now preparing for a patient study anticipated to begin in 2025.

Keywords: precision therapeutics, brain diseases, schizophrenia, cognitive impairment, CIAS, biotechnology, kynurenine pathway, KAT-II inhibitor, KYN-5356, neuroscience, drug development, clinical-stage, human genetics, biomarkers, neuropsychiatry, venture capital, Forbion, Ysios Capital, Sunstone Life Science Ventures, Robert Schwarcz, Carol Tamminga

Company overview

Kynexis company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2023
Headquarters
Naarden, Netherlands
Employees
22
Open positions
None listed
Dealroom signal
85.3
sub industryBioTechnologyindustryHealthsectorBiotechnologysectorPrecision MedicinesectorWoman FoundersectorDT and LSsectorscience-based

Valuation & funding

Kynexis funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Nov 2023 $63M $251M Ysios Capital · Sunstone Life Science Ventures · Forbion Capital Partners
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Growth signals

Kynexis website traffic

Latest recorded traffic for Kynexis is 2.1K monthly website visits, up 740% over the last three months. Kynexis's team grew 144.4% over the past year.

Latest monthly visits2.1K 3-month web change+740% 1-year team growth+144.4%
Monthly website visits27 observations · Nov 2023–Jul 2026
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Comparisons

Kynexis compared with similar companies

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Talent graph

Kynexis's talent

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Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

3 investors on Kynexis's cap table

Sourced from Dealroom's funding and investor records.

Series A 3 investors entered at this stage
Forbion Capital Partners
Ysios Capital
Sunstone Life Science Ventures

Global footprint

Where Kynexis has talent and traffic

Workforce by country
5 countries with
team presence
🇺🇸 United States50%
🇧🇪 Belgium25%
🇩🇪 Germany12.5%
🇫🇷 France6.3%
🇳🇱 Netherlands6.3%
5 countries shown

In the news

Latest news about Kynexis

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Market sentiment

What the market is saying about Kynexis

An AI-synthesized read of the highest-engagement posts about Kynexis on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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