Tech Company Financing Transactions
Rewind Therapeutics Funding Round
Rewind Therapeutics closed a funding round on 1/25/2023. Investors included Sunstone Life Science Ventures, Boehringer Ingelheim Venture Fund and Gemma Frisius Fund.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds will be used to advance Rewind Therapeutics´ lead program into clinical development and further broaden the Company´s pipeline of drug candidates designed to restore the remyelination function of the central nervous system (CNS). Myelin forms a protective layer around neurons and is essential for their proper functioning. Neurodegenerative disorders such as multiple sclerosis are associated with a damaged, deteriorating myelin sheath, which ultimately leads to a range of symptoms such as depression, anxiety, irritability, and even death due to a breakdown of the vital neurological functions.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Gaston Geenslaan 2
Leuven, 3001
Belgium
Leuven, 3001
Belgium
Phone
Undisclosed
Website
Email Address
Overview
Rewind Therapeutics develops first-in-class therapeutics designed to re-initiate the process of remyelination in patients suffering from major debilitating diseases such as multiple sclerosis, optic neuritis, or nerve injuries. A common feature of these illnesses is the loss of the natural myelin sheath, a cover protecting and nurturing the nerves. Repairing or re-installing this sheath (i.e., remyelination) is a crucial factor for halting or even curing these diseases. Rewind´s team has extensive research and development expertise and a strong patent estate for developing novel remyelination therapeutics. Based in Leuven, Belgium, Rewind is backed by top-tier life science investors such as Boehringer Ingelheim Venture Fund, M. Ventures, Axxam, PMV, Gemma Frisius Fonds, and CD3/ KU Leuven.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/25/2023: Atomic AI venture capital transaction
Next: 1/25/2023: RapidDeploy venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs