Tech Company Financing Transactions
Draig Therapeutics Funding Round
Draig Therapeutics closed a $65 million Series B funding round on 7/14/2026. Backers included Deep Track Capital, British Business Bank and Janus Henderson Investors.
Transaction Overview
Company Name
Announced On
7/14/2026
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to support accelerated clinical development of its pipeline of highly specific AMPA and GABAA receptor modulators.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Sbarc | Spark, Maindy Rd
Cardiff, CF24 4HQ
UK
Cardiff, CF24 4HQ
UK
Phone
Undisclosed
Website
Email Address
Overview
Draig Therapeutics is a clinical-stage company with a mission to transform treatments in Neuropsychiatry. The company is leveraging its founders' unique scientific expertise in modulating the core glutamate / GABA pathways that play a critical role in neuropsychiatric diseases to advance a pipeline of groundbreaking therapies designed to address large unmet patient needs, including in Major Depressive Disorder (MDD).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ruth McKernan
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