Covira Builds Team, Closes First Dilutive Funding, Establishes Key Partnerships, And Prepares For Next Round Of Funding
Round Type
Funding Round
ChicagoBiotechnologyDescription
Covira, a Chicago-area based microbiome-focused biotech company focused on developing novel therapeutic agents that modulate the gut microbiome to prevent diseases, announced the closing on its first dilutive funding via an oversubscribed $1.0M Seed Round after raising $9.1 million of non-dilutive funding. Additionally, Covira submitted a $2.3M NIH Seed Fund application in April 2022 that received a fundable-score, and the company is preparing for Series A Funding in 2023.
Quick answer
Covira raised an undisclosed amount in a Funding Round round, dated October 6, 2022. Covira is based in Chicago, Illinois, United States.
- How much did Covira raise?
- Covira raised an undisclosed amount in a Funding Round round on October 6, 2022.
- What does Covira do?
- Covira is an early-stage biotech company, a spinout from The University of Chicago (Sept 2018).
- Where is Covira based and how big is it?
- Covira is based in Chicago, Illinois, United States.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Covira that raised within 45 days of this round, from Fundz verified event records.
- Grid Therapeutics LLC raised $1.7M (Seed) on November 19, 2022.
- Achieve Life Sciences raised $19M on November 18, 2022.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
- Thiogenesis Therapeutics raised $218K on November 18, 2022.
- PaxMedica raised an undisclosed amount on November 18, 2022.
- SCA Health raised $18K (Pre-Seed) on November 18, 2022.
Who to call at Covira, and when
A new round usually means Covira is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Covira raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Covira, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Covira. With Fundz connected, it knows.
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Covira 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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