Tech Company Financing Transactions

QurAlis Funding Round

BioInnovation, Dementia Discovery Fund and DROIA participated in a $42 million Series A capital raise for QurAlis. The round was announced on 5/15/2020.

Transaction Overview

Company Name
Announced On
5/15/2020
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series A
Investors

BioInnovation (Lead Investor) (Johannes Fruehauf)

Dementia Discovery Fund (Lead Investor) (Jonathan Behr)

DROIA (Lead Investor) (Luc Dochez)

INKEF Capital (Lead Investor) (Roel Bulthuis)

Polaris Partners (Lead Investor) (Amy Schulman)

Amgen Ventures

Dolby Family Ventures

Mitsui Fudosan

MP Healthcare Venture Management

Sanford Biosciences

Proceeds Purpose
QurAlis intends to use this funding to support the development of new therapies for ALS and genetically related frontotemporal dementia (FTD), neurodegenerative diseases for which there is currently no cure.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
700 Main St. North
Cambridge, MA 02139
USA
Email Address
Overview
QurAlis is specifically focused on discovering and developing new therapies for amyotrophic lateral sclerosis (ALS), the most common form of motor neuron disease.
Profile
QurAlis LinkedIn Company Profile
Social Media
QurAlis Company Twitter Account
Company News
QurAlis News
Facebook
QurAlis on Facebook
YouTube
QurAlis on YouTube

Management Team

Title
Name
Email & Social
Chairman
Jonathan Fleming
  Jonathan Fleming LinkedIn Profile  Jonathan Fleming Twitter Account  Jonathan Fleming News  Jonathan Fleming on Facebook
Chief Executive Officer
Kasper Roet
  Kasper Roet LinkedIn Profile  Kasper Roet Twitter Account  Kasper Roet News  Kasper Roet on Facebook
Chief Scientific Officer
Daniel Elbaum
  Daniel Elbaum LinkedIn Profile  Daniel Elbaum Twitter Account  Daniel Elbaum News  Daniel Elbaum on Facebook
Founder
Kevin Eggan
  Kevin Eggan LinkedIn Profile  Kevin Eggan Twitter Account  Kevin Eggan News  Kevin Eggan on Facebook
Founder
Clifford Woolf
  Clifford Woolf LinkedIn Profile  Clifford Woolf Twitter Account  Clifford Woolf News  Clifford Woolf on Facebook


 

 

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Prev: 5/14/2020: Tock venture capital transaction
Next: 5/15/2020: Xona Space Systems venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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