Groovy Medicine
Latest round
- Angel
Last raised
- Jul 2023
Total raised
- Undisclosed
Investors
- 2
About Groovy Medicine
Founded in 2022 and based in Hangzhou, China, Groovy Medicine is a pharmaceutical company that focuses on the R&D, production, and sales of new drugs for cancer, neurodegenerative diseases. Professor Xu Li, the company's founder, is a doctoral supervisor at Westlake University, and engages in the R&D field of functional proteomics and complex diseases, and published over 50 papers. Groovy Medicine engages in the R&D of new drugs for complex diseases. It has a disease target discovery and AI drug design platform, which enable to find effective, specific and drug-ready targets, and can greatly accelerate the process of new drug discovery and development. Its drug pipelines have been advanced to the pre-clinical stage. The company generates revenue through the R&D and manufaturing of new drugs for complex diseases. The company focuses on advancing the clinical trial process of its core pipeline, GW-01, while also accelerating the identification of innovative targets and external collaborations for its high-dimensional drug discovery platform in areas such as neurodegenerative diseases and oncology.
Who invested in Groovy Medicine
2 investors across 1 round
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Funding rounds
Angel
Jul 20, 2023
Amount
Undisclosed
Investors
Questions about Groovy Medicine
Who invested in Groovy Medicine?
Groovy Medicine has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Groovy Medicine raised?
Groovy Medicine has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Groovy Medicine last raise money?
Groovy Medicine's most recent round on record is a Angel, in Jul 2023.
What does Groovy Medicine do?
Founded in 2022 and based in Hangzhou, China, Groovy Medicine is a pharmaceutical company that focuses on the R&D, production, and sales of new drugs for cancer, neurodegenerative diseases.
Where is Groovy Medicine headquartered?
Groovy Medicine is headquartered in Hangzhou, China.
Which VCs invest in companies like Groovy Medicine?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back pharmaceuticals companies at Groovy Medicine's stage. Their profiles are linked below.
VCs backing pharmaceuticals startups at Angel
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