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Astrocyte Pharmaceuticals logo — A Novel Approach to Neuroprotection

Astrocyte Pharmaceuticals

A Novel Approach to Neuroprotection

Founded 2014 United States Groton, United States 12 employees Series B Total: $37.21M Biotechnology, Health and Wellness +1

General Information

Company Name Astrocyte Pharmaceuticals
Founded Year 2014
Location United States Groton, United States
Employees 12
Industries Biotechnology, Health and Wellness, Pharmaceutical
Funding Stage Series B
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About Astrocyte Pharmaceuticals

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.

Business keywords: 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 (13)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $6.00M 10
Boston Harbor Angels, Life Science Angels +8
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
Life Science Angels, Deepwork Capital +8
03 May 2021
Series A Undisclosed -
05 Apr 2021
Venture Round $7.52M -
10 Dec 2020
Series A $5.00M 1
Deepwork Capital
30 Nov 2020
Grant $3.00M 1
Small Business Innovation Research
19 Sep 2018
Grant $287.00K 1
National Institute on Aging
18 Sep 2018
Seed Round $2.30M 6
Boston Harbor Angels, Kaitai Capital +4
06 Jun 2018

View All 13 Funding Rounds

Astrocyte Pharmaceuticals Alternatives & Competitors

View All Alternatives
Astrocyte Pharmaceuticals vs
Annovis Bio, Inc.
Annovis Bio, Inc. United States

Transforming how we treat Alzheimer’s, Parkinson’s, and beyond.

IPO
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Astrocyte Pharmaceuticals vs

Cantabio aim to slow, stop and even prevent the onset & progression of neurodegenerative diseases.

Grant
13 employees
Biotechnology, Pharmaceutical
Astrocyte Pharmaceuticals vs

Harnessing the Power of Mitochondria to Create Resilient, Protective Cells in Neurodegeneration and...

Venture round
4 employees
Biopharma, Biotechnology

FAQ About Astrocyte Pharmaceuticals

A Novel Approach to Neuroprotection
Astrocyte Pharmaceuticals was founded in 2014.
Astrocyte Pharmaceuticals is headquartered in Groton, United States.
Astrocyte Pharmaceuticals operates in Biotechnology, Health and Wellness and Pharmaceutical. Its work centres on Neuroprotection, Drug discovery, Clinical-stage and Mitochondrial energy.
Astrocyte Pharmaceuticals has approximately 12 employees.
Astrocyte Pharmaceuticals has completed 13 funding rounds, raising a total of $37.21M. The latest funding stage is Series B.
Top alternatives and competitors to Astrocyte Pharmaceuticals include Annovis Bio, Inc., Cantabio Pharmaceuticals, Inc., Mitochon Pharmaceuticals, Inc., Raptor Pharmaceuticals, Neurologix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Astrocyte Pharmaceuticals and Annovis Bio, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Astrocyte Pharmaceuticals, https://bouncewatch.com/company/astrocyte-pharmaceuticals, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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