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Noa Therapeutics raises $2.2 million in pre-seed funding led by UCeed and other investors to develop drugs for inflammatory diseases.

PRIVATEMar 13, 2024

Amount Raised

$2.2 Million

Round Type

Pre-Seed

TorontoBiotechnologyHealth CareTherapeutics

Investors

North Spring Capital PartnersAngel One Investor NetworkGolden Triangle Angel NetworkArchangel Network’s Star Forge And Phoenix Fire FundsOntario Centre Of Innovation Life Science Innovation FundU Ceed

Description

Noa Therapeutics, a Toronto-based pre-clinical biotech startup, has successfully closed a $2.2-million CAD pre-seed round of funding. The round was led by UCeed, with participation from Ontario Centre of Innovation Life Science Innovation Fund, Archangel Network’s StarForge and Phoenix Fire funds, Golden Triangle Angel Network, Angel One Investor Network, and NorthSpring Capital Partners. The funding will be used to advance the lead drug candidate for atopic dermatitis and support the hit-to-lead phase for treating barrier dysfunction-related inflammatory diseases.

Quick answer

Noa Therapeutics raised $2.2 Million in a Pre-Seed round, dated March 13, 2024. Investors: North Spring Capital Partners, Angel One Investor Network, Golden Triangle Angel Network, Archangel Network’s Star Forge And Phoenix Fire Funds, Ontario Centre Of Innovation Life Science Innovation Fund and U Ceed. Noa Therapeutics is based in Toronto, Ontario, Canada.

How much did Noa Therapeutics raise?
Noa Therapeutics raised $2.2 Million in a Pre-Seed round on March 13, 2024.
Who invested in Noa Therapeutics?
North Spring Capital Partners, Angel One Investor Network, Golden Triangle Angel Network, Archangel Network’s Star Forge And Phoenix Fire Funds, Ontario Centre Of Innovation Life Science Innovation Fund and U Ceed are named as investors in this round.
What does Noa Therapeutics do?
Noa Therapeutics is a pre-clinical biotech startup based in Toronto, founded in 2022.
Where is Noa Therapeutics based and how big is it?
Noa Therapeutics is based in Toronto, Ontario, Canada.
Who are the decision-makers at Noa Therapeutics?
Fundz holds 1 contact at Noa 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 Noa Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Ajax Therapeutics, Inc. raised $95M on April 26, 2024.
  • neurocare raised $17M (Funding Round) on April 24, 2024.
  • Brise Pharmaceuticals LTD raised $20M (Funding Round) on April 23, 2024.
  • Red Arrow Therapeutics raised $4.5M (Seed) on April 23, 2024.
  • SynOx Therapeutics raised $75M (Series B) on April 22, 2024.
  • Zura Bio raised $112M on April 22, 2024.

Who to call at Noa Therapeutics, and when

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

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Company Information

Company

Noa Therapeutics

Location

Toronto, Ontario, Canada

About

Noa Therapeutics is a pre-clinical biotech startup based in Toronto, founded in 2022. The company specializes in discovering drugs that treat inflammatory diseases using a computer-assisted drug discovery engine to find multimodal therapeutic compounds.

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