Tech Company Financing Transactions
Leal Therapeutics Funding Round
Leal Therapeutics, based in Worcester, scored $30 million from Dementia Discovery Fund, Alexandria Venture Investments and Euclidean Capital.
Transaction Overview
Company Name
Announced On
8/27/2025
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Dementia Discovery Fund (Lead Investor)
Alexandria Venture Investments
Newpath Partners (Thomas Cahill)
Proceeds Purpose
The company intends to use the funds to advance LTX-001 through a clinical trial in schizophrenia patients, as well as progress LTX-002 through initial clinical data in ALS.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Undisclosed
Worcester, MA Undisclosed
USA
Worcester, MA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developing novel therapeutics for patients with major disorders of the central nervous system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Asa Abeliovich
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