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Holoclara raises $16 million in Series A funding led by Bold Capital Partners to develop therapeutics using worms

Jun 27, 2024over 1 year ago

Amount Raised

$16 Million

Round Type

series a

Los AngelesBiotechnologyHealth Care

Investors

Kairos VenturesFreeflow VenturesEndurance28TarrasqueHorizons VenturesBold Capital Partners

Description

Biotech startup Holoclara has raised $16 million for its Series A. The funding round was led by Bold Capital Partners, with participation from Horizons Ventures, Tarrasque, Endurance28, Freeflow Ventures, and several angel investors. The company aims to develop therapeutics using worms, which have shown potential in alleviating conditions like asthma.

Company Information

Company

Holoclara

Location

Los Angeles, California, United States

About

Our unique discovery engine allows us to identify molecules, derived from worm species, to develop into safe, orally-available therapeutics.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech