Tech Company Financing Transactions
PharmatrophiX Funding Round
Dolby Family Ventures and private investors invested in a $5.5 million capital raise for PharmatrophiX. The round was announced on 10/7/2014.
Transaction Overview
Company Name
Announced On
10/7/2014
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Dolby Family Ventures (Lead Investor) (David Dolby)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
2300 Wells Fargo Capitol Center
Raleigh, NC 27601
USA
Raleigh, NC 27601
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
PharmatrophiX is a biotech working on drugs that prevent neurodegenerative disease. Founded by Stanford researcher Frank Longo, PharmatrophiX is developing a class of drugs that mimic the activity of proteins called neurotrophins, which aid in the development, health and survival of neurons.
Management Team
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We report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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