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Celosia Therapeutics raised $16.75M in Series A funding led by Uniseed to develop its ALS gene therapy CTx1000.

PRIVATENov 28, 2024

Amount Raised

$16.8 Million

Round Type

Series A

SydneyBiotechnologyHealth CareTherapeutics

Investors

Iomar BarrettUniSuperUniseed

Description

Celosia Therapeutics has secured $16.75 million in a Series A funding round to advance its CTx1000 gene therapy program for ALS. The round was led by Uniseed, with significant contributions from hedge fund manager Iomar Barrett and UniSuper.

Quick answer

Celosia Therapeutics raised $16.8 Million in a Series A round, dated November 28, 2024. Investors: Iomar Barrett, UniSuper and Uniseed. Celosia Therapeutics is based in Sydney, New South Wales, Australia.

How much did Celosia Therapeutics raise?
Celosia Therapeutics raised $16.8 Million in a Series A round on November 28, 2024.
Who invested in Celosia Therapeutics?
Iomar Barrett, UniSuper and Uniseed are named as investors in this round.
What does Celosia Therapeutics do?
Celosia Therapeutics is an Australian biotechnology company focused on developing advanced gene therapies for neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS).
Where is Celosia Therapeutics based and how big is it?
Celosia Therapeutics is based in Sydney, New South Wales, Australia.
Who are the decision-makers at Celosia Therapeutics?
Fundz holds 1 contact at Celosia Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Windward Bio raised $200M (Series A) on January 10, 2025.
  • Ouro Medicine raised $120M (Series A) on January 10, 2025.
  • Numab Therapeutics raised $55M (Series C) on January 10, 2025.
  • Verdiva Bio raised $411M (Series A) on January 9, 2025.
  • RyboDyn raised $4M (Pre-Seed) on January 9, 2025.
  • Geneoscopy raised $105M (Series C) on January 8, 2025.

Who to call at Celosia Therapeutics, and when

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Company Information

Company

Celosia Therapeutics

Location

Sydney, New South Wales, Australia

About

Celosia Therapeutics is an Australian biotechnology company focused on developing advanced gene therapies for neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS). The company is working on a lead candidate, CTx1000, which targets TDP-43, a protein associated with ALS pathology. Celosia aims to transform the treatment landscape for ALS by advancing their innovative therapies based on extensive research. Led by experienced professionals, the company is committed to bringing life-changing treatments to patients.

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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

Celosia Therapeutics 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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