Tech Company Financing Transactions
VisiRose Funding Round
Private investors participated in a $3 million Seed capital raise for VisiRose. This VC investment round was announced on 1/16/2025.
Transaction Overview
Company Name
Announced On
1/16/2025
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to support new initiatives, including: Completing a pre-investigational new drug (IND) submission meeting with the U.S. Food and Drug Administration (FDA) for its Rose Bengal Photodynamic Antimicrobial Therapy (RB PDAT), a non-invasive, investigational treatment for infectious keratitis and other serious eye infections. Submitting an IND application for investigational drug PV-305, targeting corneal blindness (RB) through photodynamic therapy (PDAT), and working toward its acceptance by the FDA. Manufacturing an initial clinical supply of PV-305, enabling the company to initiate clinical trials.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Knoxville, TN Undisclosed
USA
Knoxville, TN Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
VisiRose, a Knoxville, TN-based clinical-stage biotechnology company.
Management Team
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