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Fountain secured $6 million Series A-1 financing from Khosla Ventures

With a total of $11 million, more in vivo preclinical drug testing to be expected

19-May-2020

Key points from article :

Fountain Therapeutics announced closing of $6 million Series A-1 financing.

This brings its total Series A funding to $11 million.

The round was led by Khosla Ventures, with participation from Nan Fung Life Sciences.

Now financially capable to rapidly discover and develop a pipeline of novel therapeutics.

Through preclinical testing in animal models, to target, reverse biological process of ageing.

With the potential to improve the quality of life for our ageing population.

Proceeds will also be used to expand the senior leadership team.

Mentioned in this article:

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Fountain Therapeutics

Biopharmaceutical company

John Dimos

CEO, Fountain Therapeutics

Khosla Ventures

Venture Capital & Private Equity company

Nan Fung Life Sciences

Global investment platform

Thomas A. Rando

Professor of Neurology at Stanford University

Topics mentioned on this page:
Investments, Rejuvenation