Tech Company Financing Transactions
Reneo Pharmaceuticals Funding Round
Reneo Pharmaceuticals, based in San Diego, secured $50 million from New Enterprise Associates, Lundbeckfond Ventures and Pappas Ventures.
Transaction Overview
Company Name
Announced On
5/21/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds from the Series A will be used to support ongoing Phase 1b clinical trials, as well as other clinical and preclinical studies.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
12230 El Camino Real 230
San Diego, CA 92130
USA
San Diego, CA 92130
USA
Phone
Website
Email Address
Not Recorded
Overview
Reneo is a clinical stage pharmaceutical company focused on the development of therapies for patients with genetic mitochondrial diseases. Many of these diseases are associated with deficits in cellular metabolism and energy production.
Management Team
Title
Name
Email & Social
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