Kinaset Therapeutics: $103 Million Series B Closed To Advance Inhaled Pan-JAK Drug For Severe Asthma
By Amit Chowdhry ● Jan 10, 2026
Kinaset Therapeutics, a clinical-stage biopharmaceutical company focused on developing inhaled therapies for severe respiratory diseases, announced it has closed a $103 million oversubscribed Series B financing to fund mid-stage development of frevecitinib, its lead inhaled anti-inflammatory candidate for severe asthma and other serious respiratory diseases. The round was led by new investors RA Capital Management and Forge Life Science Partners, with participation from EQT Life Sciences, Vivo Capital, Schroders Capital, Willett Advisors, Pictet Alternative Advisors, and Sixty Degree Capital, alongside existing backers Atlas Venture, 5AM Ventures, and Gimv.