Tech Company Financing Transactions

LEXEO Therapeutics Funding Round

LEXEO Therapeutics, based in New York, secured $85 million from Longitude Capital Management, Omega Funds and Alexandria Venture Investments.

Transaction Overview

Company Name
Announced On
1/11/2021
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series A
Investors

Longitude Capital Management (Lead Investor) (Sandip Agarwala)

Omega Funds (Lead Investor) (Bernard Davitian)

Alexandria Venture Investments

Alzheimer's Drug Discovery Foundation

Invus

Janus Henderson Investors

Lundbeckfond Ventures (Mette Agger)

PBM Capital

Woodline Partners

Proceeds Purpose
Proceeds from the financing will help advance the company's three lead investigational programs, including: LX2006, an IV-administered therapy for cardiomyopathy associated with Friedreich's ataxia (Phase 1 start planned for 2021); LX1004, a CNS-administered therapy for CLN2 Batten disease (Phase 1/2 completed); and LX1001, a CNS-administered therapy for APOE4-associated Alzheimer's disease (Phase 1 ongoing).

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
430 East 29th St. 14th Floor
New York, NY 10016
USA
Email Address
Overview
LEXEO Therapeutics is a New York City-based, fully integrated biotechnology company currently headquartered at the Alexandria Center® for Life Science that aims to apply the transformational science of gene therapy to address some of the world's most devastating genetic and acquired diseases.
Profile
LEXEO Therapeutics LinkedIn Company Profile
Social Media
LEXEO Therapeutics Company Twitter Account
Company News
LEXEO Therapeutics News
Facebook
LEXEO Therapeutics on Facebook
YouTube
LEXEO Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nolan Townsend
  Nolan Townsend LinkedIn Profile  Nolan Townsend Twitter Account  Nolan Townsend News  Nolan Townsend on Facebook
Chief Medical Officer
Jay Barth
  Jay Barth LinkedIn Profile  Jay Barth Twitter Account  Jay Barth News  Jay Barth on Facebook
Chief Scientific Officer
Ronald Crystal
  Ronald Crystal LinkedIn Profile  Ronald Crystal Twitter Account  Ronald Crystal News  Ronald Crystal on Facebook
VP - Bus. Development
Christopher Holterhoff
  Christopher Holterhoff LinkedIn Profile  Christopher Holterhoff Twitter Account  Christopher Holterhoff News  Christopher Holterhoff on Facebook
VP - Operations
Paul McCormac
  Paul McCormac LinkedIn Profile  Paul McCormac Twitter Account  Paul McCormac News  Paul McCormac on Facebook


 

 

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Prev: 1/11/2021: Affinivax venture capital transaction
Next: 1/11/2021: Neuros Medical venture capital transaction

 

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