Tech Company Financing Transactions

Cerebral Therapeutics Funding Round

Lynx1 Capital Management, Granite Point Capital and private investors joined a $40 million Series C funding round for Cerebral Therapeutics. This venture round was announced on 6/28/2022.

Transaction Overview

Announced On
6/28/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors

Lynx1 Capital Management (Lead Investor) (Weston Nichols)

Granite Point Capital

private investors (Tim Scannell)

private investors (Weston Nichols)

Perceptive Advisors

RA Capital (Matthew Hammond)

Vivo Capital

Proceeds Purpose
The company intends to use the funds to complete an international Phase 2 double-blind, randomized, placebo-controlled clinical trial of its proprietary investigational drug (CT-010) for the treatment of uncontrolled seizures in patients with medically refractory epilepsy, and to support Phase 3 readiness, and to advance its ICV therapies pipeline including internal programs and collaborations with leading biopharmaceutical companies.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
12635 E. Montview Blvd.
Aurora, CO 80010
USA
Email Address
Not Recorded
Overview
Cerebral Therapeutics Inc. is a privately-held company founded with the goal of addressing the well-recognized limitations of existing treatments for uncontrolled neurological diseases.
Profile
Cerebral Therapeutics LinkedIn Company Profile
Social Media
Cerebral Therapeutics Company Twitter Account
Company News
Cerebral Therapeutics News
Facebook
Cerebral Therapeutics on Facebook
YouTube
Cerebral Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Abrams
  Daniel Abrams LinkedIn Profile  Daniel Abrams Twitter Account  Daniel Abrams News  Daniel Abrams on Facebook
Chief Scientific Officer
Lisa Shafer
  Lisa Shafer LinkedIn Profile  Lisa Shafer Twitter Account  Lisa Shafer News  Lisa Shafer on Facebook
President
John Foster
  John Foster LinkedIn Profile  John Foster Twitter Account  John Foster News  John Foster on Facebook
VP - Bus. Development
Eric Distad
  Eric Distad LinkedIn Profile  Eric Distad Twitter Account  Eric Distad News  Eric Distad on Facebook


 

 

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We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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