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Venture Capital News: Juvena Therapeutics Grabs $41M Series A

2022-11-08
REDWOOD CITY, CA, Juvena Therapeutics announced today that it has raised $41 million in an oversubscribed Series A round.
Juvena Therapeutics, a biotechnology company scaling a computational platform to map the therapeutic potential of secreted proteins, announced today that it has raised $41 million in an oversubscribed Series A, bringing its total funding to $50 million. The new funding will power the expansion of Juvena's drug discovery platform and advance the company's biologics pipeline targeting chronic and age-related diseases.

The Series A was co-led by Mubadala Capital and Horizons Ventures, with participation from Bison Ventures, Manta Ray Ventures, IRONGREY, Alumni Ventures, Plum Alley, Jeff Dean (SVP, Google Research and Health), Transform VC, Karl Pfleger, BoxOne Ventures, Intersect VC, Compound, Felicis, and other investors.

Juvena Therapeutics is a biotech company accelerating the development of therapeutics by unlocking the therapeutic potential of secreted proteins. Secreted proteins are a class of biologics with proven therapeutic potential that has been under-leveraged due to the complexity of identifying and screening such proteins. The company is developing a patent-pending computational drug discovery and development platform that is delivering novel biologics to address major unmet medical needs in chronic and age-related diseases by mining regenerative proteins secreted by stem cells.
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