Monday, January 20, 2025
HomeRecent ArticlesTenvie Therapeutics Secures $200 Mn in Funding

Tenvie Therapeutics Secures $200 Mn in Funding

Tenvie Therapeutics launched with a commitment to transform the treatment of neurological diseases. The company combines a deep and diverse portfolio of small molecule assets, including programs acquired from Denali Therapeutics Inc., with a proven team of research and development leaders.

Tenvie Therapeutics launched with a commitment to transform the treatment of neurological diseases. The company combines a deep and diverse portfolio of small molecule assets, including programs acquired from Denali Therapeutics Inc., with a proven team of research and development leaders.

Read also – Rembrand Announces $23 Mn Series A Financing Round

The $200 million in funding led by ARCH Venture Partners, F-Prime Capital, Mubadala Capital, with participation from additional high-quality investors, will accelerate Tenvieā€™s growth into a multi-clinical asset company.

Read also – GEMMABio Secures $34 Mn in Seed Funding

ā€œTenvie Therapeutics was founded to fundamentally alter the treatment paradigm for neurological diseases and profoundly impact the lives of patients, their families, and caregivers,ā€ said Tony Estrada, Ph.D., President and Chief Scientific Officer at Tenvie. ā€œOur teamā€™s validated approach uniquely allows us to access the brain while enabling the parallel development of precision-designed peripherally-restricted small molecules to address a broad array of diseases.ā€

Tenvie is developing a portfolio of wholly owned, highly brain-penetrant and peripherally restricted small molecules that address three key drivers of disease: resolving inflammation, rescuing metabolic dysfunction, and restoring lysosomal function. Its most advanced programs, an NLRP3 inhibitor and an allosteric SARM1 inhibitor, are in the IND-enabling stage. Tenvieā€™s diverse pipeline also includes programs focused on neuroprotective pathways, including TRPML1 and TMEM175.

ā€œTenvie was purpose-built to apply deep biological and chemical insights to address critical disease pathways,ā€ said Paul L. Berns, Managing Director at ARCH Venture Partners and Executive Chair of Tenvie. ā€œTenvieā€™s promise is to unlock the therapeutic potential of small molecules to address key drivers of both central and peripheral diseases.ā€

Tenvie has assembled a team of experts across neurology and CNS drug development, small molecule chemistry, neurobiology, translational medicine, and business operations. The companyā€™s leadership team and Board of Directors includes:

ā€œThere remains an urgent need for neurological treatments that provide durable therapeutic benefit and fill the gaps in care for diseases with limited or no effective therapies,ā€ said Stacie Weninger, Venture Partner at F-Prime Capital. ā€œLed by CNS drug developers with proven track records in advancing molecules from discovery to clinical validation, Tenvie Therapeutics is set to lead the next generation of neurology treatments.ā€

About Tenvie Therapeutics

Tenvie Therapeutics is a biotechnology company committed to engineering small molecules that transform the treatment of neurological diseases. The companyā€™s foundation is purpose-built with a diverse portfolio of small molecules and a proven team of CNS drug developers to rapidly deliver multiple clinical assets. Tenvie is advancing a pipeline of therapeutics focused on treating neurological, cardiometabolic, and ophthalmic diseases. Its portfolio of wholly owned, highly brain-penetrant, and precision-designed peripherally restricted small molecules address three key drivers of disease: resolving inflammation, rescuing metabolic dysfunction, and restoring lysosomal function. The companyā€™s most advanced programs target NLRP3 and SARM1, with additional programs in preclinical development.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular