Alchemedicine

PharmaceuticalsSeries BTsukuba, Japanalchemedicine.com

Latest round

Series B

Last raised

Dec 2022

Total raised

$20M

Investors

7

About Alchemedicine

Based in Japan, Alchemedicine Inc.Founded in 2019, Alchemedicine Inc. is located in Tsukuba, Japan, focusing on the research and development of pharmaceutical innovations.Alchemedicine Inc. specializes in the research and development of new low molecular weight pharmaceuticals, utilizing their proprietary drug synthesis technology, HiSAP®. This technology addresses significant shortcomings in existing medications, such as weak efficacy, strong side effects, and inadequate pharmacokinetics, allowing for rapid improvement of candidate drugs. The company's research is not confined to specific disease areas, seeking to meet unmet medical needs across a wide range of conditions. Alchemedicine collaborates with notable pharmaceutical companies, including Astellas Pharma Inc.The revenue structure of Alchemedicine Inc. is primarily driven by milestone payments received from partnerships and collaborative research agreements with other pharmaceutical companies. The company engages in B2B transactions, focusing on partnerships that involve joint research or licensing agreements. Upon achieving specific development milestones in collaboration with other firms, Alchemedicine receives payments that contribute to their revenue stream.In December 2022, Alchemedicine Inc. The company is committed to designing and launching new pharmaceutical products to address unmet medical needs. Additionally, Alchemedicine plans to expand its market reach, targeting both domestic and international markets.

Who invested in Alchemedicine

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 19, 2022

    Amount

    $11M

    Investors

    Locked

  2. Series A

    Feb 16, 2021

    Amount

    $7.1M

    Investors

    Locked

  3. Seed

    Oct 28, 2019

    Amount

    $2.4M

    Investors

    Locked

Questions about Alchemedicine

Who invested in Alchemedicine?

Alchemedicine has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Alchemedicine raised?

Alchemedicine has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Alchemedicine last raise money?

Alchemedicine's most recent round on record is a Series B, in Dec 2022.

What does Alchemedicine do?

Based in Japan, Alchemedicine Inc.

Where is Alchemedicine headquartered?

Alchemedicine is headquartered in Tsukuba, Japan.

Which VCs invest in companies like Alchemedicine?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back pharmaceuticals companies at Alchemedicine's stage. Their profiles are linked below.

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