How much did Acelot raise?

Acelot raised $8.7 Million in a Seed round on November 7, 2024.

Who are the decision-makers at Acelot?

Fundz holds 3 contacts at Acelot. Names and contact details are shown to Fundz members.

Acelot reported raising $8.7 Million in an initial SEC Form D filing, from an offering of $4 Million

PRIVATENov 21, 2024

Amount Raised

$8.7 Million

$8.7 Million sold, per SEC Form D (first sale Nov 7, 2024)

Round Type

Seed

South San FranciscoBiotechnology

Quick answer

Acelot raised $8.7 Million in a Seed round, dated November 7, 2024. Acelot is based in South San Francisco, California, United States.

How much did Acelot raise?: Acelot raised $8.7 Million in a Seed round on November 7, 2024.
What does Acelot do?: Acelot is treating functional protein misfolding diseases where the appropriate therapeutic mechanism is a restoration of the normal protein homeostasis.
Where is Acelot based and how big is it?: Acelot is based in South San Francisco, California, United States.
Who are the decision-makers at Acelot?: Fundz holds 3 contacts at Acelot. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Acelot that raised within 45 days of this round, from Fundz verified event records.

Anebulo Pharmaceuticals raised $15M on December 22, 2024.
Phio Pharmaceuticals raised $55K (Seed) on December 20, 2024.
Nuritas raised $42M (Series C) on December 20, 2024.
LanzaTech Global raised $20M (Grant) on December 20, 2024.
Stipple Bio raised $9.5M on December 20, 2024.
SimBioSys raised $5.2M on December 20, 2024.

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Company Information

Company

Acelot

Location

329 OYSTER POINT BLVD #3

South San Francisco, California, United States

About

Acelot is treating functional protein misfolding diseases where the appropriate therapeutic mechanism is a restoration of the normal protein homeostasis. Functional misfolded proteins are found in various diseases such as ALS, FTD, Parkinson’s, diabetes and cancer. Acelot’s platform combines generative AI, molecular dynamics simulations and proprietary assays to discover small molecules that restore the homeostasis of misfolded proteins in various diseases. We have a pipeline of hit-to-lead discovery compounds across multiple indications, along with an IND-ready candidate for ALS. Our platform was invented by UCSB Computer Science Professor Dr. Ambuj Singh.

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Acelot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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