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Draig Therapeutics closes an oversubscribed $65 million Series B round led by Deep Track Capital to accelerate the development of neuropsychiatric therapies.

PRIVATEJul 14, 2026

Amount Raised

$65 Million

Round Type

Series B

CardiffBiotechnologyHealth CareTherapeuticsresearch

Investors

Janus Henderson InvestorsMarshall WaceBritish Business BankJefferson Life SciencesDeep Track Capital

Description

Draig Therapeutics, a clinical-stage biopharmaceutical company, has closed an oversubscribed $65 million Series B financing. This round aims to accelerate the development of specific AMPA and GABAA receptor modulators for neuropsychiatric disorders. The financing was led by Deep Track Capital, with participation from several notable investors.

Quick answer

Draig Therapeutics raised $65 Million in a Series B round, dated July 14, 2026. Investors: Janus Henderson Investors, Marshall Wace, British Business Bank, Jefferson Life Sciences and Deep Track Capital. Draig Therapeutics is based in Cardiff, Wales, United Kingdom.

How much did Draig Therapeutics raise?
Draig Therapeutics raised $65 Million in a Series B round on July 14, 2026.
Who invested in Draig Therapeutics?
Janus Henderson Investors, Marshall Wace, British Business Bank, Jefferson Life Sciences and Deep Track Capital are named as investors in this round.
What does Draig Therapeutics do?
Draig Therapeutics is a clinical-stage company focused on transforming the treatment of neuropsychiatric diseases through its innovative pipeline of next-generation therapies.
Where is Draig Therapeutics based and how big is it?
Draig Therapeutics is based in Cardiff, Wales, United Kingdom. Fundz records about 29 employees.

Source: Fundz verified event record.

Who else raised in Therapeutics and research around the same time

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

  • BioLineRx Ltd raised $3.8M on August 27, 2026.
  • AusperBio raised $120M (Series C) on August 28, 2026.
  • Redx raised $36M (Series A) on August 27, 2026.
  • Airway Therapeutics, LLC raised $50M (Series E) on August 25, 2026.
  • Revier Therapeutics raised $7M (Seed) on August 25, 2026.
  • Amylyx Pharmaceuticals raised $500M (Post-IPO Equity) on August 20, 2026.

Who to call at Draig Therapeutics, and when

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Company Information

Company

Draig Therapeutics

Location

Cardiff, Wales, United Kingdom

About

Draig Therapeutics is a clinical-stage company focused on transforming the treatment of neuropsychiatric diseases through its innovative pipeline of next-generation therapies. The company targets core neurotransmission pathways that play a critical role in these complex disorders. Its lead candidate, DT-101, aims to provide more effective treatments for Major Depressive Disorder. Draig was formed through a collaboration with Cardiff University's Medicines Discovery Institute.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Draig 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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