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Aldea Pharmaceuticals closes $24mm Series B round

Executive Summary

Aldea Pharmaceuticals (aldehyde metabolism disorders) closed a $24mm Series B round through new investors Russian biotechnology incubator RusnanoMedInvest and Chinese CRO WuXi PharmaTech’s venture arm WuXi PharmaTech Corporate Ventures, as well as returning backers that included Canaan Partners and Correlation Ventures.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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