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Elysium Therapeutics has raised $7.5M in a SAFE round to develop its SOOPR technology for reversing synthetic opioid overdoses. This funding will help accelerate the development of critical treatments for opioid overdose.

PRIVATEJan 28, 2026

Amount Raised

$7.5 Million

Round Type

Convertible Note

AkronBiotechnologyHealthcare

Description

Elysium Therapeutics, a biopharmaceutical company based in Lyons, CO, has closed a $7.5M SAFE round. The funding will be used to accelerate the development of its SOOPR (Synthetic Opioid Overdose Protection and Reversal) technology. This technology aims to address overdoses caused by synthetic opioids, including fentanyl. Led by CEO Greg Sturmer, Elysium is dedicated to enhancing safety standards in the opioid industry.

Who else raised in Healthcare and Biotechnology around the same time

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

  • Artelo Biosciences raised $237K on March 12, 2026.
  • Artelo Biosciences raised $113K on March 12, 2026.
  • Monteris Medical raised $28M (Series E) on March 12, 2026.
  • Tenon Medical raised $4.3M on March 11, 2026.
  • Os Therapies raised $2M on March 4, 2026.
  • Singletto raised $100K on March 2, 2026.

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Company Information

Company

Elysium Therapeutics

Location

57 Ogallala Rd

Akron, Ohio, United States

About

Elysium Therapeutics is a clinical-stage biopharmaceutical company focused on reducing suffering from severe acute pain, opioid-use disorder, and fatal opioid overdose by developing first- or best-in-class therapies that address the fundamental safety and abuse limitations of today’s opioids. Through its differentiated platforms—O2P™ for oral overdose protection, XpiRx™ for time-limited opioid potency, and SOOPR™ for long-acting rescue against synthetic opioids—Elysium combines strong scientific proof-of-concept using FDA-approved components, capital-efficient development supported by non-dilutive funding, robust intellectual property, and a diversified pipeline positioned to deliver multiple products in large, underserved markets within the next several years.

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Related People

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Verified contactsAlex G., Executive Officer, DirectorSee plans and pricing
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Elysium 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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