CircNova
Latest round
- Seed
Last raised
- Feb 2025
Total raised
- $6.6M
Investors
- 6
About CircNova
CircNova, Inc.CircNova, Inc. was founded in 2024 in Cambridge, US, focusing on developing circRNA therapeutics for treating undruggable diseases, such as Triple-negative Breast Cancer. The firm has completed 1 deal to date, with the latest deal occurring on 2025-01-28.CircNova, Inc. primarily focuses on the development of therapeutic solutions utilizing its proprietary AI NovaEngine™ technology to generate, analyze, and identify circular RNA (circRNA). The core product offerings center on designing and developing circRNA therapeutics aimed at addressing major unmet clinical needs, particularly in treating undruggable diseases such as Triple-negative Breast Cancer. The technology employs advanced AI-guided RNA folding and structure prediction to facilitate high-throughput RNA synthesis, thereby improving the efficiency of therapeutic candidate development.CircNova's revenue structure is based on strategic partnerships and collaborations with healthcare organizations, research institutions, and pharmaceutical companies, focusing on B2B transactions. The firm engages in licensing agreements and collaborative research projects where clients access CircNova's AI NovaEngine™ technology for therapeutic development. Revenue is generated through milestone payments, royalties on successful product development, or subscription models for ongoing access to their proprietary technology and expertise.Looking ahead, CircNova, Inc. plans to enhance its product offerings and expand into new markets. The company is actively designing new circRNA therapeutics, with anticipated launches in the next 12-18 months. Expansion efforts will focus on penetrating additional markets in Europe and Asia by the end of 2025.3 mn will be utilized to support research and development operations, enabling the company to facilitate future staffing initiatives, thereby bolstering its growth strategy.
Who invested in CircNova
6 investors across 2 rounds
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Questions about CircNova
Who invested in CircNova?
CircNova has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CircNova raised?
CircNova has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did CircNova last raise money?
CircNova's most recent round on record is a Seed, in Feb 2025.
What does CircNova do?
CircNova is a biotechnology company.
Where is CircNova headquartered?
CircNova is headquartered in Detroit, US.
Which VCs invest in companies like CircNova?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at CircNova's stage. Their profiles are linked below.
VCs backing biotechnology startups at Seed
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