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Neumora Therapeutics Announces $112 Million Series B Financing

PUBLIC · NMRAOct 11, 2022

Amount Raised

$112 Million

Round Type

Series B

WatertownBiotechnologyHealth CareTherapeuticsBiotechnology Research

Description

Neumora Therapeutics, Inc. (Neumora), a clinical-stage biotechnology company pioneering precision medicines for brain diseases through the integration of data science and neuroscience, today announced the close of a $112 million Series B financing. The Series B syndicate includes both new and existing investors, such as Abu Dhabi Growth Fund (ADG), Altitude Life Science Ventures, Amgen, ARCH Venture Partners, Exor Ventures, F-Prime Capital, Invus, Mubadala Capital, Newpath Partners, Polaris Partners and other undisclosed investors. The funding will support the advancement of a broad clinical and preclinical pipeline of novel precision medicine candidates for neuropsychiatric disorders and neurodegenerative diseases and the development of the company's precision neuroscience platform.

Quick answer

Neumora raised $112 Million in a Series B round, dated October 11, 2022. Neumora is based in Watertown, Massachusetts, United States.

How much did Neumora raise?
Neumora raised $112 Million in a Series B round on October 11, 2022.
What does Neumora do?
Brain diseases collectively represent one of the greatest challenges of our generation, affecting upwards of 1.5 billion people.
Where is Neumora based and how big is it?
Neumora is based in Watertown, Massachusetts, United States.
Who are the decision-makers at Neumora?
Fundz holds 1 contact at Neumora. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology Research around the same time

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

  • Opna Bio raised $38M (Series A) on November 21, 2022.
  • Parabilis Medicines raised $178M (Series D) on November 21, 2022.
  • Arialys Therapeutics raised $14M on November 18, 2022.
  • Parabilis Medicines raised $178M on November 17, 2022.
  • Cue Biopharma raised an undisclosed amount (Funding Round) on November 17, 2022.
  • Cue Biopharma raised $30M on November 16, 2022.

Who to call at Neumora, and when

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Company Information

Company

Neumora

Location

260 Arsenal Place, Suite 1

Watertown, Massachusetts, United States

About

Brain diseases collectively represent one of the greatest challenges of our generation, affecting upwards of 1.5 billion people. However, treatments for many of the most prevalent brain disorders have been dominated by a single class of drugs, such as serotonin targeting antidepressants for MDD, leaving patients with a high degree of unmet medical need given the lack of diverse treatment options and mechanisms of action. We are taking a fundamentally different approach to the way treatments for brain diseases are developed. Our pipeline is comprised of programs pursuing therapeutically relevant targets implicated in Central Nervous System (CNS) diseases, each targeting a novel mechanism of action with best-in-class pharmacology. Our work is supported by our Precision Toolbox, which integrates a suite of translational, clinical, and computational tools to generate insights that can enable precision medicine approaches. Neumora is relentless in its commitment to discovering, developing and commercializing novel therapies for the 1.5 billion people living with brain diseases.

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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

Neumora 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.