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Nrg Therapeutics Announces £16 Million Series A To Advance Mitochondrial Therapeutics For Parkinson's And Als

PRIVATENov 09, 2022

Amount Raised

£16 Million

Round Type

Series A

StevenageBiotechnologyHealth CareTherapeutics

Description

NRG Therapeutics, Ltd., an innovative neuroscience company targeting mitochondrial dysfunction, today announced the closing of a £16 million Series A financing, led by Omega Funds and joined by additional new investor Brandon Capital and founding investor the Parkinson's Virtual Biotech. In connection with the financing, Omega Funds Managing Director Claudio Nessi and Partner Francesco Draetta, as well as Brandon Capital Partner Jonathan Tobin, have joined the company's Board of Directors.

Quick answer

NRG Therapeutics raised £16 Million in a Series A round, dated November 9, 2022. NRG Therapeutics is based in Stevenage, England, United Kingdom.

How much did NRG Therapeutics raise?
NRG Therapeutics raised £16 Million in a Series A round on November 9, 2022.
What does NRG Therapeutics do?
NRG Therapeutics is a neuroscience drug discovery company building a pipeline of disease-modifying mitochondrial therapeutics to slow or halt the progression of neurodegenerative disorders such as Parkinson's and..
Where is NRG Therapeutics based and how big is it?
NRG Therapeutics is based in Stevenage, England, United Kingdom.
Who are the decision-makers at NRG Therapeutics?
Fundz holds 1 contact at NRG Therapeutics, including the CEO . 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 NRG Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • GenSight Biologics raised $13M (Convertible Note) on December 23, 2022.
  • Madrigal Pharmaceuticals raised $300M (Funding Round) on December 21, 2022.
  • QurAlis raised $60M on December 20, 2022.
  • Gallant raised $25M on December 15, 2022.
  • Alpha-9 Theranostics raised $75M (Series B) on December 14, 2022.
  • STORM Therapeutics raised $30M (Series B) on December 14, 2022.

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Company Information

Company

NRG Therapeutics

Location

Stevenage, England, United Kingdom

About

NRG Therapeutics is a neuroscience drug discovery company building a pipeline of disease-modifying mitochondrial therapeutics to slow or halt the progression of neurodegenerative disorders such as Parkinson's and Amyotrophic Lateral Sclerosis (ALS), also known as motor neurone disease (MND).

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Related People

1 contact
Verified contactsNeil M., CEO hidden hidden hiddenSee plans and pricing
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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

NRG 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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