Tech Company Financing Transactions
Cortexyme Funding Round
Cortexyme closed a $76 million Series B investment round on 6/1/2018. Investors included Breakout Capital, Dolby Family Ventures and Epiq Capital.
Transaction Overview
Company Name
Announced On
6/1/2018
Transaction Type
Venture Equity
Amount
$76,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.COR388 was found to be safe and well tolerated by healthy volunteers ranging in age from 20-70 years old, producing a favorable pharmacokinetic profile and tissue distribution when given orally in a wide range of doses. Based on these encouraging results, the company is planning to start a phase 2 proof of efficacy study in AD patients next year.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
269 East Grand Ave.
South San Francisco, CA 94080
USA
South San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
Cortexyme (Nasdaq: CRTX) is developing treatments for Alzheimer's and other degenerative disorders.
Management Team
Title
Name
Email & Social
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