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Kasvu Therapeutics has raised €30 million in a Series A financing round led by Hadean Ventures. The funding will advance its novel TrkB potentiator into clinical development targeting neuropsychiatric disorders.
PRIVATESep 24, 2026•about 4 hours ago
Amount Raised
€30 Million
Round Type
Series A
HelsinkiBiotechnologyHealth CareTherapeutics
Investors
Helsinki University FundsNordic Science InvestmentsStephen IndustriesFinnish Drug Discovery CenterInnovestor Life Science FundTesiHadean Ventures
Description
Kasvu Therapeutics, a company focused on developing neuroplastogens, announced its €30 million Series A financing round. The round was led by Hadean Ventures with participation from various investors including Tesi and Innovestor Life Science Fund. The funds will aid in advancing its lead candidate KTX-0141 through clinical development. Clinical trials are anticipated to start in the latter half of 2027.
Company Information
Company
Kasvu Therapeutics
Location
Helsinki, Uusimaa, Finland
About
Kasvu Therapeutics is developing a new generation of neuroplastogens for neuropsychiatric and neurodegenerative disorders. The company focuses on a novel class of small-molecule potentiators designed to enhance neuroplasticity pathways without inducing hallucinogenic effects. Their lead candidate, KTX-0141, selectively amplifies BDNF signaling to potentially treat major depressive disorder and other mental health conditions. Kasvu aims to provide rapid-acting and long-lasting treatment options for patients.
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