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Gilgamesh Pharmaceuticals Raises $39 Million Series B To Advance Mental Health Treatments

PRIVATEDec 15, 2022

Amount Raised

$39 Million

Round Type

Series B

New YorkHealthcare

Investors

Gron VenturesSatori CapitalJLS FundNegev CapitalAlumni Ventures

Description

Gilgamesh Pharmaceuticals, a biotechnology company developing a portfolio of rapid-acting and durable treatments for depression and other mental health disorders, today announced the closing of a $39 million Series B round of financing. The round was led by Prime Movers Lab with additional investment from Alumni Ventures, Palo Santo, Negev Capital, Route 66, JLS Fund, Satori Capital and Gron Ventures. The additional capital will be used, in part, to further advance Gilgamesh's 2 lead programs, GM-1020 and GM-2505 through Phase 1/1b safety and efficacy studies.

Quick answer

Gilgamesh Pharmaceuticals raised $39 Million in a Series B round, dated December 15, 2022. Investors: Gron Ventures, Satori Capital, JLS Fund, Negev Capital and Alumni Ventures. Gilgamesh Pharmaceuticals is based in New York, New York, United States.

How much did Gilgamesh Pharmaceuticals raise?
Gilgamesh Pharmaceuticals raised $39 Million in a Series B round on December 15, 2022.
Who invested in Gilgamesh Pharmaceuticals?
Gron Ventures, Satori Capital, JLS Fund, Negev Capital and Alumni Ventures are named as investors in this round.
What does Gilgamesh Pharmaceuticals do?
Gilgamesh is a pioneering, mental health science-focused biotechnology company.
Where is Gilgamesh Pharmaceuticals based and how big is it?
Gilgamesh Pharmaceuticals is based in New York, New York, United States.
Who are the decision-makers at Gilgamesh Pharmaceuticals?
Fundz holds 1 contact at Gilgamesh Pharmaceuticals, including the VP, Toxicology and ADME. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

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

  • Inhibikase Therapeutics raised $4.2M (Seed) on January 27, 2023.
  • Persona Health raised $25K (Pre-Seed) on January 27, 2023.
  • WETHRIVV raised $650K (Seed) on January 27, 2023.
  • Remedy Diagnostics raised $345K (Seed) on January 27, 2023.
  • ADARx Pharmaceuticals, Inc. raised $46M on January 26, 2023.
  • Accure Acne raised $8M on January 26, 2023.

Who to call at Gilgamesh Pharmaceuticals, and when

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

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Company Information

Company

Gilgamesh Pharmaceuticals

Location

113 University Place

New York, New York, United States

About

Gilgamesh is a pioneering, mental health science-focused biotechnology company. We have a disciplined focus on developing innovative new chemical entities (NCEs) leveraging a unique combination of medicinal chemistry, intellectual property strategy, neuroscience & neurobiology, and drug development expertise. We are an experienced team, with proven success in biotech exits and inventions. For more information, visit: www.gilgameshpharmaceutical.com.

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Related People

1 contact
Verified contactsEric, VP, Toxicology and ADME hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
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

Gilgamesh Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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