Tech Company Financing Transactions
Brainstorm Cell Therapeutics Funding Round
Brainstorm Cell Therapeutics closed a $1 million venture capital round on 2/20/2026. Backers included private investors.
Transaction Overview
Company Name
Announced On
2/20/2026
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the financing will be used to support ongoing regulatory initiatives, prepayments for the upcoming Phase 3b trial of NurOwn® in ALS, and general corporate purposes.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1325 Avenue of Americas, 28th Floor
New York City, NY 10019
US
New York City, NY 10019
US
Phone
Website
Email Address
Overview
BrainStorm Cell Therapeutics Inc. (NASDAQ) develops autologous stem cell therapies for neurodegenerative disorders such as ALS, MS, and Parkinson's disease. These diseases have limited treatment options and represent unmet medical needs. NurOwn® is BrainStorm's proprietary process for differentiating autologous mesenchymal stem cells (MSC) into neurotrophic factor (NTF)-secreting cells, transplanted at or near the affected tissue site. Our technology converts MSCs into a living drug delivery system for NTFs. We have proof-of-concept in various animal models of neurodegenerative diseases, including Parkinson's, Huntington's, ALS, MS, and peripheral nerve injury. We have completed two single-arm clinical trials in ALS patients in Israel, demonstrating good safety and tolerability profiles and strong efficacy signals. We also finalized a Phase 3 randomized, double-blind, placebo-controlled clinical trial at multiple US sites, supported by a $16 million USD grant from the California Inst
Management Team
Title
Name
Email & Social
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