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Marvel Biosciences secures $600,000 in non-dilutive funding from Alberta Innovates to support Phase I testing of MB-204.

PRIVATEMar 30, 2026

Amount Raised

C$600,000

Round Type

Grant

BiotechnologyHealth CareTherapeutics

Investors

Alberta Innovates

Description

Marvel Biosciences Corp. has secured $600,000 in funding from the Alberta Innovates CarE program for Phase I testing of its lead compound, MB-204. This funding will significantly contribute to the overall costs of the clinical trial. Alberta Innovates' program is competitive and provides third-party validation for the potential of MB-204

Quick answer

Marvel Biosciences raised C$600,000 in a Grant round, dated March 30, 2026. Investors: Alberta Innovates.

How much did Marvel Biosciences raise?
Marvel Biosciences raised C$600,000 in a Grant round on March 30, 2026.
Who invested in Marvel Biosciences?
Alberta Innovates is named as investors in this round.
What does Marvel Biosciences do?
Marvel Biosciences Corp., through its wholly owned subsidiary Marvel Biotechnology Inc., is a Calgary-based biotechnology company developing new treatments for neurological diseases and neurodevelopmental disorders.
Where is Marvel Biosciences based and how big is it?
Fundz records about 5 employees.
Who are the decision-makers at Marvel Biosciences?
Fundz holds 1 contact at Marvel Biosciences, including the CEO & Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • CREATE Medicines raised $122M (Series B) on May 14, 2026.
  • Ollin Biosciences raised $330M (Series B) on May 14, 2026.
  • Citius Oncology raised $37M on May 6, 2026.
  • Remedium Bio raised $10M (Series A) on May 6, 2026.
  • Windward Bio raised $165M (Funding Round) on May 5, 2026.
  • Aura Biosciences, Inc. raised $238M (Post-IPO Equity) on May 4, 2026.

Who to call at Marvel Biosciences, and when

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Company Information

Company

Marvel Biosciences

About

Marvel Biosciences Corp., through its wholly owned subsidiary Marvel Biotechnology Inc., is a Calgary-based biotechnology company developing new treatments for neurological diseases and neurodevelopmental disorders. Our lead drug candidate, MB-204, is a novel fluorinated derivative version of Istradefylline, an approved Parkinson’s drug. Research shows that blocking the A2A receptor may help treat conditions such as autism, depression, and Alzheimer’s disease.

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Related People

1 contact
Verified contactsRod M., CEO & Co-Founder hiddenSee plans and pricing
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