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Cayuga Biotech secures $8M in Seed funding to advance their novel therapeutic, CAY001, for life-threatening hemorrhage. Led by Wharton Alumni Angels, this funding includes a $3M award from the DHA.

PRIVATEDec 11, 2025

Amount Raised

$8 Million

Round Type

Seed

New YorkBiotechnologyHealth CareTherapeutics

Investors

NuFund Venture GroupSideCar VenturesWalnut VenturesGopher AngelsMass Medical AngelsNew York VenturesPurchase CapitalSosvTbd AngelsWharton Alumni Angels

Description

Cayuga Biotech, Inc announced the closing of $8M seed funding to develop CAY001, aimed at addressing life-threatening hemorrhage. The funding round was led by Wharton Alumni Angels with participation from multiple investors and includes a $3M award from the DHA. This capital will support the advancement of Phase 1 clinical trials for their novel therapeutic. The treatment aims to generate human proof-of-concept data in 2026.

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Company Information

Company

Cayuga Biotech

Location

New York, New York, United States

About

Cayuga Biotech is a clinical-stage company developing novel therapeutics to address life-threatening hemorrhage by harnessing the body’s innate ability to stop bleeding. Cayuga’s pipeline includes CAY001 (polyP-SNP complex) for acute major hemorrhage and CAY002 for inherited bleeding disorders, along with additional early-stage programs. The company aims to improve treatment options for bleeding and other related therapeutic applications.

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Related People

1 contact
Verified contactsDamien K., Co-Founder and Chief Science Officer hiddenSee plans and pricing
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Cayuga Biotech 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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