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HDAX Therapeutics raised $3.2M in a seed round led by SeedFolio, FACIT, and Toronto Innovation Acceleration Partners to support preclinical development and advance its pipeline programs.

PRIVATESep 05, 2024

Amount Raised

$3.2 Million

Round Type

Seed

MississaugaBiotechnologyHealth CareTherapeutics

Investors

Ontario Centre Of InnovationEos BioinnovationToronto Innovation Acceleration PartnersFacitSeed Folio

Description

HDAX Therapeutics announced the first closing of an oversubscribed US$3.2 million seed round led by several investors. The funds will help the company progress towards preclinical development and advance its therapeutic pipeline.

Quick answer

HDAX Therapeutics raised $3.2 Million in a Seed round, dated September 5, 2024. Investors: Ontario Centre Of Innovation, Eos Bioinnovation, Toronto Innovation Acceleration Partners, Facit and Seed Folio. HDAX Therapeutics is based in Mississauga, Ontario, Canada.

How much did HDAX Therapeutics raise?
HDAX Therapeutics raised $3.2 Million in a Seed round on September 5, 2024.
Who invested in HDAX Therapeutics?
Ontario Centre Of Innovation, Eos Bioinnovation, Toronto Innovation Acceleration Partners, Facit and Seed Folio are named as investors in this round.
What does HDAX Therapeutics do?
HDAX Therapeutics is a biotechnology company pioneering a novel approach to developing therapeutics that target HDAC6 to address high unmet medical needs.
Where is HDAX Therapeutics based and how big is it?
HDAX Therapeutics is based in Mississauga, Ontario, Canada. Fundz records about 12 employees.
Who are the decision-makers at HDAX Therapeutics?
Fundz holds 2 contacts at HDAX Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

HDAX Therapeutics

Location

Mississauga, Ontario, Canada

About

HDAX Therapeutics is a biotechnology company pioneering a novel approach to developing therapeutics that target HDAC6 to address high unmet medical needs. The company aims to create effective and safe HDAC6 inhibitors, tapping into advanced molecular recognition technology developed from years of research. HDAX seeks to provide transformative solutions in treating various diseases, including inflammatory, metabolic, and neurological disorders. With a strong scientific foundation, HDAX is positioned to advance its therapeutic pipeline significantly.

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HDAX 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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