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Renibus Therapeutics Announces Final Close Of Upsized Series B Financing, Bringing Total Round To $72 Million

PRIVATESep 12, 2023

Round Type

Series B

SouthlakeBiotechnologyHealthcareHealth CareMedicalTherapeuticsBiopharma

Investors

Renibus

Description

Renibus Therapeutics, Inc., ("Renibus"), a clinical-stage biopharmaceutical company focusing on the prevention and treatment of cardio-renal and metabolic diseases, today announced the close of an extension to its Series B financing round, bringing the total amount raised to $72 million. Renibus' investors are comprised of existing and new investors, including leaders in the cardiac surgery community.

Quick answer

Renibus Therapeutics raised an undisclosed amount in a Series B round, dated September 12, 2023. Investors: Renibus. Renibus Therapeutics is based in Southlake, Texas, United States.

How much did Renibus Therapeutics raise?
Renibus Therapeutics raised an undisclosed amount in a Series B round on September 12, 2023.
Who invested in Renibus Therapeutics?
Renibus is named as investors in this round.
What does Renibus Therapeutics do?
Renibus is a clinical-stage biopharmaceutical company focused on preventing disease progression, protecting against organ damage, and improving outcomes in cardiorenal diseases.
Where is Renibus Therapeutics based and how big is it?
Renibus Therapeutics is based in Southlake, Texas, United States. Fundz records about 332 employees.
Who are the decision-makers at Renibus Therapeutics?
Fundz holds 1 contact at Renibus Therapeutics, including the Co-Founder, President and COO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Medical around the same time

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

  • Lipella Pharmaceuticals raised $3.1M (Seed) on October 23, 2023.
  • Aligos Therapeutics raised $92M on October 25, 2023.
  • Azora Therapeutics, Inc. (DE) raised $4M (Seed) on October 19, 2023.
  • Actym Therapeutics raised $60M (Series A) on October 18, 2023.
  • Purple Biotech raised $5.4M on October 17, 2023.
  • Greenbrook TMS raised $1.5M (Seed) on October 13, 2023.

Who to call at Renibus Therapeutics, and when

A new round usually means Renibus Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Renibus Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Renibus Therapeutics, from your own LinkedIn network

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Company Information

Company

Renibus Therapeutics

Location

Southlake, Texas, United States

About

Renibus is a clinical-stage biopharmaceutical company focused on preventing disease progression, protecting against organ damage, and improving outcomes in cardiorenal diseases. Its pipeline includes first-in-class therapies that activate cytoprotective pathways. Lead candidate RBT-1, currently in Phase 2 for cardiac surgery, will enter Phase 3 trials to reduce complications post-cardiothoracic surgery. Other programs include RBT-2 for slowing CKD progression, RBT-3 for preventing cisplatin-induced nephrotoxicity, and RBT-9, an anti-inflammatory compound that showed promise in reducing hospital stays in COVID-19 patients.

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Related People

1 contact
Verified contactsJeff K., Co-Founder, President and COOSee plans and pricing
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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

Renibus Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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