# MitoRx Therapeutics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mitorx-therapeutics

- Industry: Biotechnology
- Headquarters: Oxford, UK
- Website: www.mitorxtherapeutics.com
- Total disclosed funding: $5.2M
- Latest round: Seed (Mar 31, 2023)
- Investors on record: 6

## About

Based in Oxfordshire, UK, and founded in 2021, MitoRx Therapeutics Limited provides medicines that stop the course of degenerative diseases caused by the mitochondrial malfunction. In November 2021, the firm raised GBP 1.56 million of Seed funding led by investor UK Innovation & Science Seed Fund, with participation from investors Fink Family Foundation, Longevity Tech Fund, and many others. The seed round of financing values MitoRx Therapeutics Limited at GBP 4.48 million post-money. The company was founded by Jon Rees (CEO), Norman Law, and Prof. Matt Whiteman.

The company offers ideal mitochondrial medicine which helps in arresting the progression of degenerative diseases caused by mitochondrial dysfunction which includes mainly metabolic diseases, and neurodegenerative diseases.  The firm technology mediates sulfide-signaling that has the effect of substrate replenishment in the state of trans–sulfuration deficiency.

The company plans to use the November 2021 funding to develop a pre-clinical proof-of-concept platform and explore research collaborations and partnerships.

## Funding rounds

- Seed, Mar 31, 2023, $3.1M — Oxford Technology Management, Wren Capital, Fink Family Foundation, UK Innovation & Science Seed Fund, Longevity Tech Fund, Science Angel Syndicate
- Seed, Nov 11, 2021, $2.1M — Oxford Technology Management, Wren Capital, Fink Family Foundation, UK Innovation & Science Seed Fund, Longevity Tech Fund, Science Angel Syndicate

## Investors

- Oxford Technology Management (https://capitalatlas.ai/funds/oxford-technology-management) — Seed
- Wren Capital (https://capitalatlas.ai/funds/wren-capital) — Seed
- Fink Family Foundation — Seed
- UK Innovation & Science Seed Fund (https://capitalatlas.ai/funds/uk-innovation-science-seed-fund) — Seed
- Longevity Tech Fund (https://capitalatlas.ai/funds/longevity-tech-fund) — Seed
- Science Angel Syndicate (https://capitalatlas.ai/funds/science-angel-syndicate) — Seed