Tech Company Financing Transactions

Mission Therapeutics Funding Round

Mission Therapeutics, operating out of Cambridge, secured $31.7 million in investment from IP Group, Pfizer Venture Investments and Roche Venture Fund.

Transaction Overview

Announced On
3/14/2024
Transaction Type
Venture Equity
Amount
$31,720,000
Round
Undisclosed
Investors

IP Group (Lead Investor)

Pfizer Venture Investments (Lead Investor)

Roche Venture Fund (Lead Investor)

Rosetta Partners (Lead Investor)

Sofinnova Partners (Lead Investor)

SR One Capital Management (Lead Investor)

Proceeds Purpose
The company intends to use the funds to accelerate development of its lead drug candidates, MTX325 and MTX652, through clinical trials.

Company Information

Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
The Glenn Berge Building Babraham Research Campus Babraham
Cambridge, CB22 3FH
UK
Email Address
Overview
Mission Therapeutics is a world leader in developing novel therapeutics which combat serious diseases including Parkinson's Disease by enhancing mitophagy -- the vital quality control process cells use to ensure dysfunctional mitochondria are removed.
Profile
Mission Therapeutics LinkedIn Company Profile
Social Media
Mission Therapeutics Company Twitter Account
Company News
Mission Therapeutics News
Facebook
Mission Therapeutics on Facebook
YouTube
Mission Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chairman
Steve Jackson
  Steve Jackson LinkedIn Profile  Steve Jackson Twitter Account  Steve Jackson News  Steve Jackson on Facebook
Chief Executive Officer
Anker Lundemose
  Anker Lundemose LinkedIn Profile  Anker Lundemose Twitter Account  Anker Lundemose News  Anker Lundemose on Facebook
Chief Financial Officer
David Luther
  David Luther LinkedIn Profile  David Luther Twitter Account  David Luther News  David Luther on Facebook
Chief Medical Officer
Suhail Nurbhai
  Suhail Nurbhai LinkedIn Profile  Suhail Nurbhai Twitter Account  Suhail Nurbhai News  Suhail Nurbhai on Facebook
Chief Scientific Officer
Paul Thompson
  Paul Thompson LinkedIn Profile  Paul Thompson Twitter Account  Paul Thompson News  Paul Thompson on Facebook


 

 

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Prev: 3/14/2024: Redcoat AI venture capital transaction
Next: 3/15/2024: Clique venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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