Tech Company Financing Transactions
Genascence Funding Round
California Institute for Regenerative Medicine invested in a $11.6 million capital raise for Genascence. The round was announced on 2/23/2023.
Transaction Overview
Company Name
Announced On
2/23/2023
Transaction Type
Venture Equity
Amount
$11,600,000
Round
Undisclosed
Investors
California Institute for Regenerative Medicine (Lead Investor)
Proceeds Purpose
The funding will be used to support Genascence's Phase 1b clinical trial of GNSC-001 in knee osteoarthritis (OA), as well as phase-appropriate manufacturing activities.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3225 Ash Street
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
We're taking on one of the largest problems in all of medicine -- the leading cause of disability and chronic pain, and a significant risk factor for opioid addiction -- osteoarthritis.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Chalberg
Co-Founder
Christopher Evans
Co-Founder
Paul Robbins
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