logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Adipo Therapeutics completes $1.9M seed funding bridge to advance obesity and Type 2 diabetes treatment

Jan 31, 2024almost 2 years ago

Amount Raised

$1.9 Million

Round Type

seed

IndianapolisBiopharmaTherapeuticsHealth CareBiotechnology

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.

Company Information

Company

Adipo Therapeutics

Location

1210 Waterway Blvd.

Indianapolis, Indiana, United States

About

Adipo Therapeutics, an Indiana biotechnology company, is developing polymer-based, Notch-inhibiting nanoparticles that are injected directly into adipose (fat) tissue to induce browning, or white-to-beige adipocyte transformation.

Related People

3 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers