Adipo Therapeutics completes $1.9M seed funding bridge to advance obesity and Type 2 diabetes treatment
Jan 31, 2024•almost 2 years ago
Amount Raised
$1.9 Million
Round Type
seed
Investors
Vision Tech PartnersIu VenturesElevate VenturesPurdue Research Foundation
Description
Adipo Therapeutics has successfully completed a $1.9 million seed funding bridge to advance obesity and Type 2 diabetes treatment. The company will embark on raising $35M Series A financing.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers