Fundz

Damona Inks $5.5M Seed To Advance Depression And Aging Therapeutic

PRIVATESep 28, 2022

Amount Raised

$5.5 Million

Round Type

Seed

TorontoBiotechnologyHealth CareTherapeuticsPharmaceutical

Description

Angelini Lumira Biosciences Fund and Noetic Fund led the round.

Quick answer

Damona Pharmaceuticals raised $5.5 Million in a Seed round, dated September 28, 2022. Damona Pharmaceuticals is based in Toronto, Ontario, Canada.

How much did Damona Pharmaceuticals raise?
Damona Pharmaceuticals raised $5.5 Million in a Seed round on September 28, 2022.
What does Damona Pharmaceuticals do?
Damona Pharmaceuticals (formerly Alpha Cog) is a preclinical pharma spinoff founded by the Centre for Addiction and Mental Health (CAMH) and Dr. Etienne Sibille.
Where is Damona Pharmaceuticals based and how big is it?
Damona Pharmaceuticals is based in Toronto, Ontario, Canada.
Who are the decision-makers at Damona Pharmaceuticals?
Fundz holds 1 contact at Damona Pharmaceuticals, including the Board Observer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Pharmaceutical around the same time

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

  • Lipidio Pharmaceuticals raised an undisclosed amount (Series A) on November 10, 2022.
  • MBX Biosciences, Inc. raised $47M on November 7, 2022.
  • NRx Pharmaceuticals raised $11M (Debt Financing) on November 7, 2022.
  • Biofrontera raised $3.7M (Seed) on October 25, 2022.
  • Qnovia raised $17M (Series A) on September 28, 2022.
  • CASI Pharmaceuticals raised an undisclosed amount on September 23, 2022.

Who to call at Damona Pharmaceuticals, and when

A new round usually means Damona Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Damona Pharmaceuticals raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Damona Pharmaceuticals, from your own LinkedIn network

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Company Information

Company

Damona Pharmaceuticals

Location

Toronto, Ontario, Canada

About

Damona Pharmaceuticals (formerly Alpha Cog) is a preclinical pharma spinoff founded by the Centre for Addiction and Mental Health (CAMH) and Dr. Etienne Sibille. The mission of Damona is to discover and develop small molecules for the treatment and prevention of cognitive symptoms in depression and other brain disorders.

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Related People

1 contact
Verified contactsThomas Michael T., Board Observer hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Damona Pharmaceuticals 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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