Tech Company Financing Transactions
Kasvu Therapeutics Funding Round
Hadean Ventures, Innovestor and Nordic Science Investments invested in a $34 million Series A funding round for Kasvu Therapeutics. The round was announced on 9/24/2026.
Transaction Overview
Company Name
Announced On
9/24/2026
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support ongoing IND/CTA-enabling activities and advance its lead drug candidate, KTX-0141, through Phase 1/1b clinical trials for major depressive disorder (MDD), with clinical development slated to begin in the second half of 2027.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Kuulijantie 28
Helsinki, B00730
Finland
Helsinki, B00730
Finland
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Kasvu was founded based on pioneering research at the University of Helsinki, and is backed by over 30 years of basic science and 34,000+ publications. Potent, rapid-acting and long-lasting therapeutic effect without hallucinations -- Kasvu develops first and best-in-class small molecule TrkB positive allosteric modulators as neuroplastogen treatments for neuropsychiatric and neurodegenerative disorders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jami Mandelin
Chief Medical Officer
Matti Karvonen
Chief Scientific Officer
Rafael Moliner
Co-Founder
Peter Gallagher
VP - Bus. Development
Georgios Trichas
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