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FoldRx Pharmaceuticals gets $29mm through its Series C round

Executive Summary

FoldRx Pharmaceuticals Inc. (developing cardiovascular, neurology, and respiratory therapeutics) has brought in $29mm through its Series C venture round. New backers Novo Ventures and Morgenthaler Ventures, which will each contribute one board member, were joined by current shareholders HealthCare Ventures, Fidelity Biosciences, TPG Biotechnology, Alta Partners, and Novartis Venture Funds.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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