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Re-Vana Therapeutics Raises $11.9 Million In Series A Financing

PRIVATENov 30, 2022

Amount Raised

$11.9 Million

Round Type

Series A

BelfastBiotechnologyHealth CareTherapeutics

Investors

Tech Start VenturesCo Fund NiIn Focus Capital PartnersEx Sight VenturesVisionary VenturesVisionary Ventures Leads Financing Round To Support The Development Of Sustained Release Ophthalmic Therapeutics

Description

Re-Vana Therapeutics Ltd, a privately-held specialty drug delivery company developing sustained-release therapeutics for the treatment of vision-threatening ocular diseases, today announced the closure of its Series A round with $11.9 million in funding, an oversubscription of $4 million. The financing was led by Visionary Ventures. Additional investors include ExSight Ventures, InFocus Capital Partners and existing U.K. investors, Qubis Ltd, Co-Fund NI, and TechStart Ventures.

Quick answer

RE-VANA THERAPEUTICS raised $11.9 Million in a Series A round, dated November 30, 2022. Investors: Tech Start Ventures, Co Fund Ni, In Focus Capital Partners, Ex Sight Ventures, Visionary Ventures and Visionary Ventures Leads Financing Round To Support The Development Of Sustained Release Ophthalmic Therapeutics. RE-VANA THERAPEUTICS is based in Belfast, Northern Ireland, United Kingdom.

How much did RE-VANA THERAPEUTICS raise?
RE-VANA THERAPEUTICS raised $11.9 Million in a Series A round on November 30, 2022.
Who invested in RE-VANA THERAPEUTICS?
Tech Start Ventures, Co Fund Ni, In Focus Capital Partners, Ex Sight Ventures, Visionary Ventures and Visionary Ventures Leads Financing Round To Support The Development Of Sustained Release Ophthalmic Therapeutics are named as investors in this round.
What does RE-VANA THERAPEUTICS do?
Re-Vana Therapeutics Ltd, founded in 2016 as a spin-out from Queen's University Belfast, Northern Ireland, is a specialty ocular therapeutic and drug delivery company with headquarters located in Belfast and a..
Where is RE-VANA THERAPEUTICS based and how big is it?
RE-VANA THERAPEUTICS is based in Belfast, Northern Ireland, United Kingdom.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • MPC Therapeutics raised an undisclosed amount (Seed) on January 11, 2023.
  • Liquidia raised an undisclosed amount (Debt Financing) on January 9, 2023.
  • Inotrem raised an undisclosed amount (Funding Round) on January 9, 2023.
  • Synthekine raised $100M (Series C) on January 6, 2023.
  • HighTide Therapeutics raised $107M (Series C) on January 5, 2023.
  • Immune-Onc Therapeutics raised an undisclosed amount (Series B) on January 5, 2023.

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Company Information

Company

RE-VANA THERAPEUTICS

Location

Belfast, Northern Ireland, United Kingdom

About

Re-Vana Therapeutics Ltd, founded in 2016 as a spin-out from Queen's University Belfast, Northern Ireland, is a specialty ocular therapeutic and drug delivery company with headquarters located in Belfast and a U.S.-based office, Re-Vana Therapeutics, Inc., in Tampa, Florida. Re-Vana is focused on the development of its internal pipeline as well as external strategic collaborations to advance its novel drug delivery platform. To date, Re-Vana has raised more than $17.75M to support the development of sustained release biologics. In 2022, Re-Vana won the Ophthalmic Innovation Summit Retina Award in drug delivery and The Belfast Nth Ireland Chamber 2022 Award for Business Innovation.

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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

RE-VANA THERAPEUTICS 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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