Tech Company Financing Transactions
GenrAb Funding Round
GenrAb closed a $5.6 million Seed investment round on 4/22/2025. Backers included Actium Group.
Transaction Overview
Company Name
Announced On
4/22/2025
Transaction Type
Venture Equity
Amount
$5,600,000
Round
Seed
Investors
Actium Group (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its lead candidate, TGM-010, a new, fully-human, neuroprotective antibody.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
BioLabs Pegasus Park 3060 Pegasus Park Dr Building 6
Dallas, TX 75247
USA
Dallas, TX 75247
USA
Phone
Undisclosed
Website
Email Address
Overview
Neurodegeneration is the process of slow neuronal death that is at the core of diseases such as ALS, Parkinson's, Alzheimer's and even Multiple Sclerosis. GenrAb is harnessing the power of the human immune system to develop therapies that can protect and treat patients with neurological disease. Developing neuroprotective agents will provide patients the next generation of treatment that can prevent the progression of disease and allow for new approaches to their care.
Management Team
Title
Name
Email & Social
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