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Convergen secures $15 million Seed+ financing led by MPCi to advance therapeutics for protein aggregation diseases.

PRIVATEAug 31, 20267 days ago

Amount Raised

$15 Million

Round Type

Seed

Suzhou CityBiotechnologyHealth CareMedical

Investors

Bio Track CapitalLavMp Ci

Description

Convergen, a biotechnology company, announced the closing of a $15 million Seed+ financing round. The funds will be used to advance Convergen's proprietary degrader platform and accelerate its pipeline for neurodegenerative disorders. This round includes participation from LAV, BioTrack Capital, and a leading biotech fund. Convergen aims to bring new therapeutic options to patients with neurodegenerative diseases and other conditions driven by pathological protein aggregates.

Company Information

Company

Convergen

Location

Suzhou City, Jiangsu, China

About

Convergen is a biotech company pioneering TrimTAC—next-generation bifunctional degraders that leverage TRIM21 to selectively clear pathological multimeric proteins. Founded to address unmet medical needs in neurodegenerative disease and beyond, the company combines cutting-edge academic research with industry-proven drug development expertise to advance therapies for significantly unmet medical needs.

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