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Novartis Venture Funds leads $7mm Series A1 financing for Neurovance; adds $6.3mm

Executive Summary

Returning backer Novartis Venture Fund has led a $7mm Series A1 round for CNS-focused Neurovance Inc. The financing, which is split into three tranches that will be paid upon reaching certain milestones, also included other existing shareholders Venture Investors, H&Q Healthcare Investors, H&Q Life Sciences Investors, GBS Venture Partners, State of Wisconsin Investment Board, and Neurovance board member Timothy Barberich.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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