Axial Therapeutics Raises $37.25 Million In Series C Financing To Advance Its Pipeline Of Gut-Targeted Small Molecule Drugs For Neurological Diseases And Disorders
Amount Raised
$37.3 Million
Round Type
Series C
WoburnBiotechnologyHealthcareHealth CareDescription
Axial Therapeutics, a clinical-stage biopharmaceutical company dedicated to improving the lives of people with neurological diseases, today announced the completion of a $37.25 million Series C financing. OneVentures, a venture capital firm headquartered in Sydney, Australia, and the University of Tokyo Innovation Platform Company (UTokyo IPC) led the round as new investors, joined by Autism Impact Fund and Corundum Systems Biology (Tokyo, Japan). Existing investors, Longwood Fund, Seventure Partners, Taiho Ventures, and Domain Associates also participated in this round. The additional financing builds upon Axial’s earlier Series A and Series B financing rounds, bringing total investment in the company to $91.5 million to date.
Quick answer
Axial Therapeutics raised $37.3 Million in a Series C round, dated October 13, 2021. Axial Therapeutics is based in Woburn, Massachusetts, United States.
- How much did Axial Therapeutics raise?
- Axial Therapeutics raised $37.3 Million in a Series C round on October 13, 2021.
- What does Axial Therapeutics do?
- Axial Therapeutics is a clinical-stage biopharmaceutical company dedicated to improving the lives of people with neurological diseases.
- Where is Axial Therapeutics based and how big is it?
- Axial Therapeutics is based in Woburn, Massachusetts, United States. Fundz records about 12 employees.
- Who are the decision-makers at Axial Therapeutics?
- Fundz holds 2 contacts at Axial Therapeutics, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Biotechnology around the same time
Companies in the same sectors as Axial Therapeutics that raised within 45 days of this round, from Fundz verified event records.
- SEELOS THERAPEUTICS, INC. raised $20M (Convertible Note) on November 24, 2021.
- RedHill Biopharma Ltd raised $5M on November 22, 2021.
- Geneoscopy raised $51M on November 19, 2021.
- TuHURA Biosciences raised $5.1M on November 19, 2021.
- ViaLase raised $27M on November 19, 2021.
- Novabay raised $15M on November 17, 2021.
Who to call at Axial Therapeutics, and when
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- An alert the day Axial Therapeutics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Axial Therapeutics, from your own LinkedIn network
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