Tech Company Financing Transactions

Spiral Therapeutics Funding Round

Esperante Ventures and Ferring Ventures joined a funding round for Spiral Therapeutics. This VC investment round closed on 8/30/2023.

Transaction Overview

Announced On
8/30/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors

Esperante Ventures (Lead Investor) (Dean Slagel)

Ferring Ventures

Proceeds Purpose
The company intends to use the funds to accelerate its development efforts to treat inner ear disorders, including the collection of additional clinical data for its lead program SPT-2101 for Meniere's Disease, and to advance its hearing loss pipeline.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
6000 Shoreline Ct, Suite 206, South
San Francisco,, CA 94080
USA
Email Address
Overview
Spiral is advancing a therapeutic pipeline with focus on balance disorders and hearing loss. Our lead program, SPT-2101, is a sustained-release steroid formulation for the treatment of Ménière's disease. 40 million people in the US qualify for hearing loss treatment, but there are no drugs approved for hearing loss. Drug delivery to the inner ear remains the largest obstacle. Precise, non-invasive placement techniques, combined with long-acting delivery systems have the potential to overcome the barriers of drug delivery to the inner ear.
Profile
Spiral Therapeutics LinkedIn Company Profile
Social Media
Spiral Therapeutics Company Twitter Account
Company News
Spiral Therapeutics News
Facebook
Spiral Therapeutics on Facebook
YouTube
Spiral Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hugo Peris
  Hugo Peris LinkedIn Profile  Hugo Peris Twitter Account  Hugo Peris News  Hugo Peris on Facebook
Chief Financial Officer
Kyle Peterson
  Kyle Peterson LinkedIn Profile  Kyle Peterson Twitter Account  Kyle Peterson News  Kyle Peterson on Facebook
Chief Medical Officer
Charles Limb
  Charles Limb LinkedIn Profile  Charles Limb Twitter Account  Charles Limb News  Charles Limb on Facebook
Chief Scientific Officer
Signe Erickson
  Signe Erickson LinkedIn Profile  Signe Erickson Twitter Account  Signe Erickson News  Signe Erickson on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/30/2023: QuantHealth venture capital transaction
Next: 8/30/2023: Impulse Space venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record every notable VC transaction. VC transactions on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary