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Venture Capital News: dNovo Emerges From Stealth with $2.7M Seed

2022-01-24
SAN JOSE, CA, dNovo, startup developing a cure for hair loss, emerged from stealth and announced $2.7M in seed funding.
dNovo, startup developing a cure for hair loss by generating personalized hair stem cells, emerged from stealth and announced $2.7M in seed funding from Y Combinator, Felicis Ventures, Soma Capital, Yintai Investment Company LLC, and others.

dNovo is developing a proprietary direct reprogramming system to generate new, personalized hair stem cells to replace cells lost due to aging or conditions such as male patterned baldness. Using its proprietary technology, dNovo has converted human skin cells directly into induced hair stem cells without going through a pluripotent state.
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