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COUR Pharma has closed a $50 million Series B funding round led by Lumira Ventures and Roche Venture Fund, with participation from Sanofi to advance their investigational therapy CNP-103 for type 1 diabetes.

PRIVATEJun 18, 2026about 2 months ago

Amount Raised

$50 Million

Round Type

Series B

SkokiePharmaceutical Manufacturing

Investors

T1 D Fund: A Breakthrough T1 D VentureAngelini VenturesPfizer VenturesAlpha Wave VenturesSanofiRoche Venture FundLumira Ventures

Description

COUR Pharma announced the closing of a $50 million Series B funding round with existing investors Lumira Ventures and Roche Venture Fund leading the investment and new investor Sanofi participating. The funds will support the clinical advancement of CNP-103, an investigational therapy for type 1 diabetes. Existing investors reaffirmed their support for COUR's tolerance platform. CNP-103 is currently in an active Phase 2 trial to assess its safety and efficacy.

Company Information

Company

COUR Pharmaceuticals

Location

Skokie, Illinois, United States

About

We are a group of dedicated scientific, medical, and business professionals who are driven to find treatments and cures to a variety of diseases. By attacking the disease directly with our novel nanoparticle-based technologies and working strategically with our medical and scientific partners we seek to provide treatments and cures previously unavailable to doctors and their patients.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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