Olatec Therapeutics

BiotechnologySeries ANew York, USolatec.com

Latest round

Series A

Last raised

Feb 2023

Total raised

$40M

Investors

2

About Olatec Therapeutics

Based in New York, US, and founded by Damaris B. Skouras (chairman and CEO) in 2003, Olatec Therapeutics LLC operates as a biopharmaceutical company. The company works on the development of compound dapansutrile (lab code: OLT1177®), known as oral NLRP3 antagonist therapeutics to treat acute and chronic inflammatory diseases such as arthritis, heart failure, asthma, Alzheimer’s disease, Parkinson's disease, multiple sclerosis, spinal cord injury, type-2 diabetes, melanoma, breast cancers, etc. Company as of March 2023 has over 150 patents and patent applications globally and its lead product NLRP3 inhibitor is in Phase 2 clinical trials in the US and Europe.

Who invested in Olatec Therapeutics

2 investors across 1 round

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Funding rounds

  1. Series A

    Feb 23, 2023

    Amount

    $40M

    Investors

    Locked

Questions about Olatec Therapeutics

Who invested in Olatec Therapeutics?

Olatec Therapeutics 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 Olatec Therapeutics raised?

Olatec Therapeutics has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Olatec Therapeutics last raise money?

Olatec Therapeutics's most recent round on record is a Series A, in Feb 2023.

What does Olatec Therapeutics do?

Based in New York, US, and founded by Damaris B.

Where is Olatec Therapeutics headquartered?

Olatec Therapeutics is headquartered in New York, US.

Which VCs invest in companies like Olatec Therapeutics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Olatec Therapeutics's stage. Their profiles are linked below.

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