HONG KONG –Nkmax America Inc., of Santa Ana, Calif., a natural killer (NK) cell-based therapy developer, has secured $11 million in a seed funding round. It is the company’s first funding round in the U.S. capital market. The company is owned by South Korean biotech firm Nkmax Co. Ltd. based in Seongnam.
Nkarta Therapeutics Inc.'s CEO, Paul Hastings, said while the clever spelling of the company's name puts its natural killer cell platform at the fore, he is also prompted more often than not to have to spell it out, just to make sure there's no mistake. Still, he added, the occasional hotel bill is sent to Encarta instead of Nkarta.
