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Neurenati Therapeutics concluded a $1.2M seed financing round led by Genson Capital to develop NEU-001 as a promising therapy for Hirschsprung Disease.

PRIVATEFeb 29, 2024

Amount Raised

$1.2 Million

Round Type

Seed

MontrealBiotechnologyHealth CareTherapeutics

Investors

Cqdm Synergi QcGenson Capital

Description

Neurenati Therapeutics has successfully closed a seed funding round, securing $1.2 million from Genson Capital on the 2024 Rare Disease Day. The funding will accelerate the development of NEU-001, a first-in-class therapy for Hirschsprung’s disease (HSCR), a rare gastrointestinal condition. The company aims to file an Investigational New Drug (IND) application for NEU-001 in the second half of 2025. The seed round will remain open for additional funding in 2024.

Quick answer

Neurenati Therapeutics raised $1.2 Million in a Seed round, dated February 29, 2024. Investors: Cqdm Synergi Qc and Genson Capital. Neurenati Therapeutics is based in Montreal, Quebec, Canada.

How much did Neurenati Therapeutics raise?
Neurenati Therapeutics raised $1.2 Million in a Seed round on February 29, 2024.
Who invested in Neurenati Therapeutics?
Cqdm Synergi Qc and Genson Capital are named as investors in this round.
What does Neurenati Therapeutics do?
Neurenati Therapeutics is a Québec-based biotech company dedicated to developing therapies for rare diseases.
Where is Neurenati Therapeutics based and how big is it?
Neurenati Therapeutics is based in Montreal, Quebec, Canada.
Who are the decision-makers at Neurenati Therapeutics?
Fundz holds 1 contact at Neurenati Therapeutics. 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 Neurenati Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • FundaMental Pharma raised $14M (Seed) on April 11, 2024.
  • TORL BioTherapeutics raised $158M (Series B) on April 10, 2024.
  • BioLineRx Ltd raised $20M (Pre-Seed) on April 10, 2024.
  • D3 Bio raised $62M (Series A) on April 8, 2024.
  • Beacon Therapeutics raised $120M (Series A) on April 5, 2024.
  • TORL BioTherapeutics raised $158M on April 4, 2024.

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Company Information

Company

Neurenati Therapeutics

Location

Montreal, Quebec, Canada

About

Neurenati Therapeutics is a Québec-based biotech company dedicated to developing therapies for rare diseases. The first technology targets Hirschsprung disease (HSCR), a life-threatening gastrointestinal (GI) birth defect characterized by the lack of nerves in parts of the lower GI tract. Neurenati proposes an innovative therapy via growth factor to treat newborns with HSCR, thereby averting the need for surgery and its associated complications.

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