Tech Company Financing Transactions

AnaCardio Funding Round

AnaCardio closed a $14.2 million Series A funding round on 9/9/2022. Investors included Flerie Invest, 3B Ventures and private investors.

Transaction Overview

Company Name
Announced On
9/9/2022
Transaction Type
Venture Equity
Amount
$14,210,000
Round
Series A
Investors

Flerie Invest (Lead Investor)

3B Ventures

private investors (Ann-Helene Ljungström)

private investors (Fredrik Ljungstrom)

Karolinska

Proceeds Purpose
The proceeds from the investment round will finance the planned clinical phase 1b/2a-study of the company's lead asset AC01 in patients with heart failure and reduced ejection fraction (HFrEF). The study is expected to begin at selected centers in several European countries during the fall/winter of 2022.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
A Working Lab Innomedicum, Nanna Svartz väg 4
Solna, 171 65
Sweden
Phone
Undisclosed
Email Address
Overview
AnaCardio AB is a privately held Swedish, clinical stage biopharmaceutical company developing novel drugs to treat heart failure. AnaCardio was founded based on ground-breaking research from Karolinska Institutet showing improved contractility of the heart muscle through a unique and differentiated mechanism. Its lead program AC01 is planned to enter phase 2 clinical development in heart failure patients in 2022.
Profile
AnaCardio LinkedIn Company Profile
Social Media
AnaCardio Company Twitter Account
Company News
AnaCardio News
Facebook
AnaCardio on Facebook
YouTube
AnaCardio on YouTube

Management Team

Title
Name
Email & Social
Chairman
Lars Lund
  Lars Lund LinkedIn Profile  Lars Lund Twitter Account  Lars Lund News  Lars Lund on Facebook
Chief Executive Officer
Patrik Strömberg
  Patrik Strömberg LinkedIn Profile  Patrik Strömberg Twitter Account  Patrik Strömberg News  Patrik Strömberg on Facebook


 

 

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Next: 9/9/2022: Stitch venture capital transaction

 

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