Fundz

Nintx raised $10 million in a Series A round led by Pitanga, Ecoa Capital, and MOV Investimentos to advance R&D for new drug programs utilizing Brazilian biodiversity.

PRIVATEDec 13, 2024

Amount Raised

$10 Million

Round Type

Series A

Sao PauloBiotechnologyHealth CarePharmaceutical

Investors

AdesteEcoa CapitalTiarajuMOV InvestimentosPitanga

Description

Nintx has successfully raised $10 million in a Series A funding round to support the research and development of new drug programs based on Brazil’s biodiversity. This funding will facilitate hiring researchers and introducing new technologies as part of their innovative biotech approach to treating multifactorial diseases.

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Company Information

Company

Nintx

Location

Sao Paulo, Sao Paulo, Brazil

About

Nintx develops a new generation of medicines leveraging biodiversity, primarily from Brazil. One of its key innovations is a broader approach to tackling multifactorial diseases, caused by genetic and environmental factors as well as their interactions via the human gut microbiome. Multifactorial diseases include metabolic, immunological, cancer, and brain disorders. Nintx develops therapies targeting biological pathways directly and indirectly through gut microbiome modulation—both closely linked to the onset or worsening of multifactorial diseases.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Nintx 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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