Astrocyte Pharmaceuticals

A Novel Approach to Neuroprotection

General Information
Company Name
Astrocyte Pharmaceuticals
Founded Year
2014
Location (Offices)
Groton, United States +2
Founders / Decision Makers
Number of Employees
12
Industries
Biotechnology, Health and Wellness, Pharmaceutical
Funding Stage
Series B
Social Media

Astrocyte Pharmaceuticals - Company Profile

Astrocyte Pharmaceuticals is a clinical-stage drug discovery and development company founded in 2014 that is dedicated to accelerating the recovery and well-being of brain injury patients. The company's slogan, "A Novel Approach to Neuroprotection," reflects its commitment to proving the neuro- and cerebroprotective benefits of enhanced mitochondrial energy production in astrocytes. Astrocyte is advancing breakthrough therapeutic agents for treating brain injury resulting from stroke, TBI, concussion, and neurodegenerative disorders such as Alzheimer’s disease. Most recently, Astrocyte Pharmaceuticals raised a total of $6.00M in its Series B investment at 18 August 2023. The funding round attracted investment from a diverse group of investors, including Boston Harbor Angels, Life Science Angels, NAVIS, Deepwork Capital, Mass Medical Angels, Mid-Atlantic Bio Angels, Sidecar Angels, Dreavent Capital, Alzheimer's Drug Discovery Foundation, and Trend Investment Group. Based in the United States, Astrocyte Pharmaceuticals operates within the biotechnology and pharmaceutical industries. Overall, Astrocyte Pharmaceuticals stands at the forefront of advancing novel therapies for brain injuries and neurodegenerative disorders, thus garnering significant support from a diverse group of investors, including prominent names in the life sciences and healthcare investment space.

Taxonomy: Neuroprotection, Drug discovery, Clinical-stage, Mitochondrial energy, Astrocytes, Brain injury, Stroke, TBI, Concussion, Neurodegenerative disorders, Alzheimer's disease, Therapeutic agents, Neuroprotection research, Cerebroprotective, Clinical trials

Funding Rounds & Investors of Astrocyte Pharmaceuticals (13)

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Funding Stage Amount No. Investors Investors Date
Series B $6.00M 10 Trend Investment Group, Mid Atlantic Bio Angels +2 18 Aug 2023
Debt Financing $2.84M - 27 Oct 2022
Grant $500.00K 2 Medical Technology Enterprise Consortium, BrightFocus Foundation 08 Sep 2021
Series A $6.00M 10 Zhi Gao Holding, Trend Investment Group +1 03 May 2021
Series A Unknown - 05 Apr 2021

View All 13 Funding Rounds

Latest News of Astrocyte Pharmaceuticals

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No recent news or press coverage available for Astrocyte Pharmaceuticals.

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