Fundz

Neuvivo Raises $11M In Venture Financing To Develop Treatment For Als

PRIVATEJun 15, 2023

Amount Raised

$11 Million

Round Type

Funding Round

Palo AltoBiotechnology

Investors

Prime Street Capital General PartnerPrime Street Capital

Description

Neuvivo, a late-clinical stage biopharmaceutical company developing a new treatment for ALS, today announced that it has closed on an $11M round of financing led by PrimeStreet Capital. Neuvivo is pleased to announce that PrimeStreet Capital General Partner, Virit Vichitvadakan, will join the company's Board of Directors.

Quick answer

Neuvivo raised $11 Million in a Funding Round round, dated June 15, 2023. Investors: Prime Street Capital General Partner and Prime Street Capital. Neuvivo is based in Palo Alto, California, United States.

How much did Neuvivo raise?
Neuvivo raised $11 Million in a Funding Round round on June 15, 2023.
Who invested in Neuvivo?
Prime Street Capital General Partner and Prime Street Capital are named as investors in this round.
What does Neuvivo do?
Neuvivo is dedicated to creating therapeutics for the treatment of Amyotrophic Lateral Sclerosis (ALS) and other neurodegenerative diseases.
Where is Neuvivo based and how big is it?
Neuvivo is based in Palo Alto, California, United States.
Who are the decision-makers at Neuvivo?
Fundz holds 1 contact at Neuvivo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Adela raised $49M on July 28, 2023.
  • NovAb raised $250K on July 28, 2023.
  • Remedy Plan raised $19M on July 28, 2023.
  • Aulos Bioscience, Inc. raised $5M on July 28, 2023.
  • MarvelBiome raised $10M on July 28, 2023.
  • XOStem Biosciences Ltd raised $65K (Seed) on July 28, 2023.

Who to call at Neuvivo, and when

A new round usually means Neuvivo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Neuvivo

Location

Palo Alto, California, United States

About

Neuvivo is dedicated to creating therapeutics for the treatment of Amyotrophic Lateral Sclerosis (ALS) and other neurodegenerative diseases. We have developed a patented macrophage-targeted technology, NP001, that addresses chronic inflammation, a key factor in the progressive loss of motor function in ALS. NP001 has received Orphan Drug and Fast Track designation by the FDA as it addresses a clear unmet medical need. We are working to move this compound toward approval and delivering an effective and safe new treatment for ALS.

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Neuvivo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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