Announced
Completed
Synopsis
F-Prime Capital, Forbion, and Norwest, three investors, led a $157m Series B round in Engrail Therapeutics, a neuroscience company focused on the development of transformational therapies, with participation from RiverVest Venture Partners, Red Tree Venture Capital, abrdn, Ysios Capital, Longwood Fund, Eight Roads Ventures, and Pivotal Life Sciences. “With strong financial backing from highly sophisticated and dedicated life science investors, we are well positioned to deliver multiple value-creating milestones. Notably, we look forward to completing our ongoing ENX-102 phase 2 study in generalized anxiety disorder and advancing the rest of our pipeline into clinical development. Engrail was fortunate to have been incubated under a tremendous commitment from Pivotal Life Sciences. We are excited to start the next chapter of our journey with some of the best thought partners in neuroscience and life sciences investing in our success," Vikram Sudarsan, Engrail Therapeutics President and CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.