Nocion Therapeutics

Drug Discovery · Watertown, MA · Founded 2017 · Privately Held (backing)

Developer of a small molecule charged sodium channel designed to treat the conditions arising from neurogenic inflammation. Nocion Therapeutics is based in Watertown, MA and was founded in 2017. Its last reported valuation was $112 million in Aug 2021. It has raised $153 million across 3 recorded rounds; the latest was a $23 million early-stage round in Dec 2025.

Last reported valuation
$112.0M
Oct 2026
Priced at
—
Total raised
$153.0M
Last round
Early Stage VC
Dec 2025
How much has Nocion Therapeutics raised?
$153.0Macross 3 recorded rounds · Aug 2021 – Dec 2025

Most recently, Nocion Therapeutics raised $23.0M in its Early Stage VC (Dec 2025).

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Nocion Therapeutics round by round

3 rounds
Dec 2025Early Stage VC$23.0MSEC filing▮
13 investors participated
Feb 2024Early Stage VC$31.1MSEC filing▮
13 investors participated
Aug 2021Early Stage VC (Series A2)$7.0M▮
+ 1 more investors · free account

How much has Nocion Therapeutics raised?

Nocion Therapeutics has raised $153 million in total; 3 of its rounds are on record, from 2021 on. The largest on record was a $7 million Series A2 in Aug 2021; the most recent was a $23 million early-stage round in Dec 2025.

Nocion Therapeutics has filed 5 Form Ds with the SEC since 2021, most recently in Mar 2026 ($23 million sold to 13 investors).

Nocion Therapeutics investors

16 investors are on record for Nocion Therapeutics, including RA Capital Management, F-Prime Capital, Eight Roads and Alexandria Venture Investments. By type, the record holds 5 venture capital firms and 2 asset managers. The early-stage round in Dec 2025 drew 13 investors.

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Frequently asked about Nocion Therapeutics

How much has Nocion Therapeutics raised?
Nocion Therapeutics has raised $153.0M in total across 3 recorded funding rounds.
When was Nocion Therapeutics's last funding round?
Nocion Therapeutics's most recent recorded round was Early Stage VC in Dec 2025, raising $23.0M.