Tech Company Financing Transactions
Zucara Therapeutics Funding Round
JDRF T1D Fund participated in a capital raise for Zucara Therapeutics. The funding round was announced on 9/22/2017.
Transaction Overview
Company Name
Announced On
9/22/2017
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
With this new investment Zucara will be in a position to advance its lead clinical drug candidate through IND-enabling studies, readying it for clinical testing beginning in 2019.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
661 University Ave. 1300
Toronto ON, M5G 0B7
Canada
Toronto ON, M5G 0B7
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Zucara Therapeutics is developing the first once-daily therapeutic to prevent hypoglycemia (low blood sugar) in patients with diabetes. This pre-clinical technology is directed at regulating a hormone in the pancreas called somatostatin which in Type 1 diabetes is not properly controlled.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/22/2017: inBay Technologies venture capital transaction
Next: 9/22/2017: EquitySim venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC transactions reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs