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§ Private Profile · Denver, CO, USA
Pharmaceutical company developing therapeutics for metabolic neurological diseases, focused on ketogenic drug development and brain health.
Cerecin is a Singapore-based biotechnology company that develops therapeutics targeting the metabolic aspects of neurological diseases, including Alzheimer's, migraine, and infantile spasms. The organization focuses on ketogenic drug development, utilizing its lead compound, tricaprilin, to provide ketone bodies as an alternative brain energy substrate to improve neuro-metabolism. Transitioning from medical foods to pharmaceutical drug development, the enterprise serves patients across the United States, Canada, Korea, Singapore, and Australia. In 2023, the firm initiated its Phase 3 ALTER-AD clinical trial for Alzheimer's disease, involving patient recruitment across approximately 100 global sites. Cerecin has raised $40 million in Series II and IIA financing, backed by strategic partners and investors including Nestlé, Wilmar, and Inventages. Originally operating as Accera before relocating its headquarters from the United States to Asia in 2018, the company was founded in 2000.
Cerecin has raised $90.0M across 2 funding rounds.
Cerecin has raised $90.0M in total across 2 funding rounds.
Cerecin has raised $90.0M in total across 2 funding rounds.
Cerecin's investors include Arche Investment, Hana Securities, KiKab Kim, Jae-Wan Kim, SK Securities, IBK Capital, KB Financial Group, M Capital, Medici Investment, Hans-Juergen Woerle, MD, PhD, Shinhan Securities, Wilmar International.
Cerecin has raised $90.0M across 2 funding rounds. Most recently, it raised $40.0M Series A in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 19, 2021 | $40M Series A | Arche Investment, Hana Securities, Kikab KIM, JAE WAN KIM, SK Securities | IBK Capital, KB Financial Group, M Capital, Medici Investment, Hans Juergen Woerle, MD, PHD, Shinhan Securities | Announced |
| Oct 4, 2018 | $50M Venture Round | Wilmar International | Inventages | Announced |