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Astronautx Closes £48 Million ($61 Million) Series A Financing To Create New Treatments For Alzheimer's Disease

PRIVATEOct 09, 2023

Amount Raised

£48 Million

Round Type

Series A

LondonBiotechnologyHealth Care

Investors

SanionaAstronau TxThe Dementia Discovery FundBristol Myers SquibbEQT Life SciencesBrandon CapitalMpm CapitalNovartis Venture Fund

Description

AstronauTx Ltd. ("AstronauTx"), a biotech company developing novel treatments for Alzheimer's disease and other neurodegenerative disorders, today announced the completion of a £48 million ($61 million) Series A financing.

Quick answer

AstronauTx Ltd raised £48 Million in a Series A round, dated October 9, 2023. Investors: Saniona, Astronau Tx, The Dementia Discovery Fund, Bristol Myers Squibb, EQT Life Sciences, Brandon Capital, Mpm Capital and Novartis Venture Fund. AstronauTx Ltd is based in London, England, United Kingdom.

How much did AstronauTx Ltd raise?
AstronauTx Ltd raised £48 Million in a Series A round on October 9, 2023.
Who invested in AstronauTx Ltd?
Saniona, Astronau Tx, The Dementia Discovery Fund, Bristol Myers Squibb, EQT Life Sciences, Brandon Capital, Mpm Capital and Novartis Venture Fund are named as investors in this round.
What does AstronauTx Ltd do?
AstronauTx is at the forefront of a novel approach to treating neurodegenerative diseases.
Where is AstronauTx Ltd based and how big is it?
AstronauTx Ltd is based in London, England, United Kingdom.
Who are the decision-makers at AstronauTx Ltd?
Fundz holds 1 contact at AstronauTx Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

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

  • Africa Healthcare Network raised $20M (Funding Round) on November 22, 2023.
  • Tenon Medical raised $1.3M (Seed) on November 21, 2023.
  • Alto Neuroscience raised $45M (Series C) on November 21, 2023.
  • Alto Neuroscience raised $45M on November 20, 2023.
  • Medicovestor raised an undisclosed amount (Seed) on November 20, 2023.
  • RespiQ raised $4.4M (Seed) on November 20, 2023.

Who to call at AstronauTx Ltd, and when

A new round usually means AstronauTx Ltd is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

AstronauTx Ltd

Location

London, England, United Kingdom

About

AstronauTx is at the forefront of a novel approach to treating neurodegenerative diseases. We have a unique portfolio of small-molecule therapeutics to restore dysregulated physiology to both improve symptoms and modify disease.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.