Sydnexis

Drug Discovery · Del Mar, CA · Founded 2014 · Privately Held (backing)

Developer of a eyecare medicine and drug designed to treat myopia. Sydnexis is based in Del Mar, CA and was founded in 2014. Its last reported valuation was $90 million in Aug 2021. It has raised $76.5 million across 4 recorded rounds; the latest was a $20 million early-stage round in Apr 2025.

Last reported valuation
$90.0M
Oct 2026
Priced at
—
Total raised
$76.5M
Last round
Early Stage VC
Apr 2025
How much has Sydnexis raised?
$76.5Macross 4 recorded rounds · Oct 2017 – Apr 2025

Most recently, Sydnexis raised $20.0M in its Early Stage VC (Apr 2025).

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Sydnexis round by round

4 rounds
Apr 2025Early Stage VC$20.0MSEC filing▮
23 investors participated
Apr 2024Seed Round$1.0MSEC filing▮
30 investors participated
Aug 2021Later Stage VC (Series B)$50.0M▮
+ 1 more investors · free account
Oct 2017Early Stage VC$5.5MSEC filing▮
6 investors participated

How much has Sydnexis raised?

Sydnexis has raised $76.5 million across 4 recorded rounds since 2017. The largest was a $1 million seed round in Apr 2024; the most recent was a $20 million early-stage round in Apr 2025.

Sydnexis has filed 4 Form Ds with the SEC since 2017, most recently in Apr 2025 ($20 million sold to 23 investors).

Sydnexis investors

6 investors are on record for Sydnexis, including RA Capital Management, Longitude Capital, Bluestem Capital Company and Medicxi. The early-stage round in Apr 2025 drew 23 investors.

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Frequently asked about Sydnexis

How much has Sydnexis raised?
Sydnexis has raised $76.5M in total across 4 recorded funding rounds.
When was Sydnexis's last funding round?
Sydnexis's most recent recorded round was Early Stage VC in Apr 2025, raising $20.0M.