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§ Private Profile · South San Francisco, CA, USA
Neurona Therapeutics is a technology company.
Neurona Therapeutics is a clinical-stage biotherapeutics company developing allogeneic neural cell therapies for chronic diseases of the nervous system. The company leverages proprietary methods to manufacture fully-differentiated neuronal, glial, and gene-edited cell therapy candidates, designed for targeted delivery into damaged neural circuits. Their scientific approach is rooted in the belief that specific neural cell lineages possess the unique capability to integrate into and repair dysregulated neural networks.
The company was founded by leading neuroscientists and stem cell pioneers from the University of California, San Francisco. Co-founder and Chief Executive Officer, Cory R. Nicholas, PhD, was instrumental in pioneering methods to derive interneuron precursors from human pluripotent stem cells and evaluating their therapeutic potential. This work built upon nearly two decades of research into the restorative capacities of specific neural cell lineages, forming the foundational insight for Neurona's regenerative medicine discovery platform.
Neurona Therapeutics focuses on patients suffering from chronic neurological disorders with significant unmet medical needs. The company's mission is to create safe and effective cell therapies through rigorous science and groundbreaking regenerative technology. Ultimately, Neurona envisions setting the standard for restorative cell therapies, aiming to significantly improve the quality of life for individuals living with debilitating chronic disorders of the nervous system.
Neurona Therapeutics has raised $309.3M across 5 funding rounds.
Neurona Therapeutics has raised $309.3M in total across 5 funding rounds.
Neurona Therapeutics is a clinical-stage biotherapeutics company developing allogeneic, off-the-shelf neural cell therapies to treat chronic neurological disorders by repairing damaged neural circuits, replacing affected cells, and restoring electrical balance in the nervous system.[1][2][3][5] Headquartered in South San Francisco, California, with around 104 employees, it targets conditions like epilepsy through single-dose curative approaches and has received FDA fast-track designation for one therapy to accelerate regulatory approval.[1][4] The company serves patients with severe nervous system diseases, addressing unmet needs in neural repair where traditional treatments fall short, and demonstrates growth through clinical advancement and a strong workplace culture, with 79% of employees rating it as a great place to work.[4]
Founded in 2008 by co-founder and CEO Cory R. Nicholas, Neurona Therapeutics emerged from research into neural stem cell therapies, led by scientific pioneers like Arnold Kriegstein from UC San Francisco, who noted consistent patient outcomes across trial sites.[1][3] The idea stemmed from advances in understanding neural progenitor cells' ability to integrate into brain circuits, evolving from preclinical work to a clinical-stage focus on allogeneic therapies that avoid patient-specific manufacturing.[2][5] Early traction included building a patent portfolio and progressing to human trials, culminating in FDA fast-track status last year for its lead candidate, marking a pivotal shift toward potential market approval.[1]
Neurona rides the wave of cell and gene therapy expansion in neurology, where regenerative medicine addresses root causes of intractable diseases like drug-resistant epilepsy amid a $10B+ neurotherapeutics market.[1][2] Timing aligns with maturing stem cell tech, FDA incentives like fast-track status, and post-pandemic biotech investment resurgence, favoring scalable allogeneic models over costly personalized ones.[1] It influences the ecosystem by pioneering neural integration data, potentially unlocking treatments for Alzheimer's or Parkinson's, while fostering South San Francisco's biotech hub through collaborations with academic leaders like UCSF.[1][3][4]
Neurona's path forward hinges on Phase 2/3 trial readouts and regulatory milestones, with its lead asset poised for approval in the next 2-3 years given fast-track momentum, potentially delivering first-in-class epilepsy therapy.[1] Rising demand for curative neurotherapies, AI-driven trial design, and manufacturing scale-up trends will propel growth, expanding to broader indications like movement disorders. As it evolves, Neurona could redefine neural repair, cementing its role from clinical innovator to commercial leader in biotech's regenerative frontier—transforming hope into reality for millions with nervous system diseases.[1][2][5]
Neurona Therapeutics has raised $309.3M across 5 funding rounds. Most recently, it raised $3.8M Grant in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 10, 2024 | $3.8M Grant | California Institute For Regenerative Medicine | — | Announced |
| Jun 1, 2024 | $120M Series E | — | BoxOne Ventures, Iaso Ventures, RAY Muzyka | Announced |
| Feb 9, 2024 | $120M Venture Round | Cormorant Asset Management | — | Announced |
| Jun 22, 2021 | $41.5M Venture Round | UCB Ventures | — | Announced |
| Nov 1, 2015 | $24M Series A | David Goeddel | Canaan Partners, Merian Ventures, Pritzker Group | Announced |
Neurona Therapeutics has raised $309.3M in total across 5 funding rounds.
Neurona Therapeutics's investors include California Institute for Regenerative Medicine, BoxOne Ventures, Iaso Ventures, Ray Muzyka, Cormorant Asset Management, UCB Ventures, David Goeddel, Canaan Partners, Merian Ventures, Pritzker Group.