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Cirius Therapeutics gets $30mm in first closing of Series A round

Executive Summary

Cirius Therapeutics Inc. (formerly Octeta Therapeutics; developing a treatment for nonalcoholic steatohepatitis) raised $30mm through the first closing of what the company hopes will turn out to be a $40mm Series A round. Frazier Healthcare Partners and Novo AS led, and were joined by Adams Street Partners, Renaissance Venture Capital Fund, and Hopen Life Science Ventures. Fraizer and Novo get seats on the company’s board.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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