Monument Therapeutics

Bringing Precision Medicine to Neuroscience Drug Development

General Information
Company Name
Monument Therapeutics
Founded Year
2019
Location (Offices)
Macclesfield, United Kingdom +1
Founders / Decision Makers
Number of Employees
7
Industries
Biotechnology, Health Care, Pharmaceutical
Funding Stage
Series Unknown
Social Media

Monument Therapeutics - Company Profile

Monument Therapeutics is an independent UK-based biotechnology company founded in 2019 as a spin-out from Cambridge Cognition. The company focuses on bringing precision medicine to neuroscience drug development, targeting serious diseases of the central nervous system. Their approach involves the use of proprietary digital biomarkers to reduce heterogeneity and identify patients with homogenous underlying neurobiology, aligning them with appropriately targeted compounds. This strategy parallels the successful use of biomarkers in cancer treatment. Monument Therapeutics aims to apply digital biomarkers to neuroscience drug development, particularly in clinical areas with high unmet needs. The company recently secured £2.63M in a Seed Round investment on 01 July 2021 from noteworthy investors including Neo Kuma Ventures, GM&C Life Sciences Fund, Wren Capital LLP, and O2h Ventures. This injection of capital underscores the growing interest in precision medicine and the potential of Monument Therapeutics' approach. As the company continues to make strides in bringing innovative solutions to the biotechnology, health care, and pharmaceutical industries from their headquarters in the United Kingdom, they present an intriguing prospect for venture capitalists looking to invest in cutting-edge precision medicine technologies.

Taxonomy: Neuroscience, Drug Development, Precision Medicine, Central Nervous System, Digital Biomarkers, Clinical Areas, Cancer Treatment, Neurobiology, Precision Medicine Approach, High Unmet Need, UK Based, Spin-out Company, Serious Diseases, Cambridge Cognition

Funding Rounds & Investors of Monument Therapeutics (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round £1.00M 3 Cambridge Angels group, SyndicateRoom +1 18 Apr 2024
Grant £500.00K 1 18 Apr 2024
Seed Round £2.63M 4 01 Jul 2021

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