Tech Company Financing Transactions
ReAlta Life Sciences Funding Round
ReAlta Life Sciences, based in Norfolk, raised $20 million from Marathon Pharmaceuticals and private investors.
Transaction Overview
Company Name
Announced On
4/29/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Marathon Pharmaceuticals (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance multiple programs addressing ALI and HIE, including lead candidate RLS-0071, into Phase 2 clinical trials.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
5665 Lowery Rd. 100
Norfolk, VA 23502
USA
Norfolk, VA 23502
USA
Phone
Website
Email Address
Overview
ReAlta Life Sciences, Inc. is a biotech company dedicated to harnessing the power of the immune system through its PIC1 technology platform, comprised of a family of over 160 engineered peptides, to address life-threatening medical needs.
Management Team
Title
Name
Email & Social
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