Tech Company Financing Transactions

Magnolia Neurosciences Funding Round

Magnolia Neurosciences secured a $31 million Series A funding round on 8/14/2018. Investors included 180 Degree Capital, AbbVie Biotech Ventures and Alexandria Venture Investments.

Transaction Overview

Announced On
8/14/2018
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series A
Investors

180 Degree Capital

AbbVie Biotech Ventures

Alexandria Venture Investments

Arch Venture Partners

Johnson & Johnson Development Corporation

Lilly Ventures

New York State Innovation Fund

Partnership for New York City Fund

Pfizer Venture Investments (Laszlo Kiss)

Watson Fund

WuXi AppTec

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
430 E 29th St. 840
New York, NY 10016
USA
Email Address
Overview
Neurodegenerative diseases and neuronal injuries continue to be an area rife with substantial unmet medical need. Targeting the underlying mechanisms of these diseases is an area of active research for effective therapeutic interventions, but extensive preclinical and clinical efforts have unfortunately resulted in limited success.
Profile
Magnolia Neurosciences LinkedIn Company Profile
Social Media
Magnolia Neurosciences Company Twitter Account
Company News
Magnolia Neurosciences News
Facebook
Magnolia Neurosciences on Facebook
YouTube
Magnolia Neurosciences on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thong Le
  Thong Le LinkedIn Profile  Thong Le Twitter Account  Thong Le News  Thong Le on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/14/2018: SKUPOS venture capital transaction
Next: 8/15/2018: Axoni venture capital transaction

 

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