13. Praxis Precision Medicines $110.0M
Round: Series C
Description: Cambridge-based Praxis Precision Medicines offers drug development services. Founded by Kiran Reddy, David Goldstein, and Steve Petrou in 2015, Praxis Precision Medicines has now raised a total of $131.9M in total equity funding and is backed by investors that include Verition Fund Management, Cormorant Asset Management, Novo Holdings, Point72 Ventures, and Adage Capital Management.
Investors in the round: Adage Capital Management, Ample Plus Fund, Avoro Capital Advisors, Blackstone Life Sciences, Cormorant Asset Management, Eventide Asset Management, Irving Investors, Novo Holdings, OCV, Point72 Ventures, Qatar Investment Authority, Surveyor Capital, Vida Ventures
Industry: Alternative Medicine, Biotechnology, Health Care, Medical
Founders: Kiran Reddy, David Goldstein, Steve Petrou
Founding year: 2015
Total equity funding raised: $131.9M
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