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Glen Clova Scientific raises £4M in a Seed round led by Norcliffe Capital to develop drugs for autoimmune diseases

PRIVATEApr 25, 2024

Amount Raised

£4 Million

Round Type

Seed

DundeeBiotechnology

Investors

Scottish EnterpriseTricapital AngelsDSW VenturesNorcliffe Capital

Description

Glen Clova Scientific has closed a £4M Seed round, led by Norcliffe Capital. The funding will be used to advance preclinical development of three initial drugs for the treatment of senile pruritus, atopic dermatitis, eczema, and asthma, as well as to exploit its technology platform in non-pharmaceutical markets through partnerships.

Quick answer

Glen Clova Scientific raised £4 Million in a Seed round, dated April 25, 2024. Investors: Scottish Enterprise, Tricapital Angels, DSW Ventures and Norcliffe Capital. Glen Clova Scientific is based in Dundee, Scotland, United Kingdom.

How much did Glen Clova Scientific raise?
Glen Clova Scientific raised £4 Million in a Seed round on April 25, 2024.
Who invested in Glen Clova Scientific?
Scottish Enterprise, Tricapital Angels, DSW Ventures and Norcliffe Capital are named as investors in this round.
What does Glen Clova Scientific do?
Scottish biotech startup Glen Clova Scientific is developing drugs for chronic inflammatory and autoimmune disorders.
Where is Glen Clova Scientific based and how big is it?
Glen Clova Scientific is based in Dundee, Scotland, United Kingdom.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Alida Biosciences Inc. raised $7.5M on June 7, 2024.
  • Genvax Technologies raised $3.4M on June 7, 2024.
  • EvodiaBio raised $7.6M on June 7, 2024.
  • DIH Holding US raised $3.3M (Seed) on June 7, 2024.
  • GPN Vaccines raised $18M (Series B) on June 7, 2024.
  • Oleander Medical Technologies raised $500K on June 7, 2024.

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Company Information

Company

Glen Clova Scientific

Location

Dundee, Scotland, United Kingdom

About

Scottish biotech startup Glen Clova Scientific is developing drugs for chronic inflammatory and autoimmune disorders. It was founded in 2022 as a spin out from the University of Dundee.

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Glen Clova Scientific 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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