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Venture Capital News: AXONIS Therapeutics Announces $5M in Funding

2021-07-14
CAMBRIDGE, MA, AXONIS Therapeutics has secured an additional $5 million in funding led by Alexandria Venture Investments.
AXONIS Therapeutics, an emerging biotechnology company, has secured an additional $5 million in funding. This financing round was led by Alexandria Venture Investments with participation by R3 Bio, BoxOne Ventures and Civilization Ventures and two leading spinal cord injury non-profit foundations, the Christopher & Dana Reeve Foundation and Spinal Research; and joined by current investors.

AXONIS Therapeutics is a biotechnology developing therapies for currently incurable neurological disorders. AXONIS Therapeutics is progressing a pipeline of neuron-reviving therapeutics which enable an intrinsic ability of central nervous system (CNS) neurons to resist degeneration; restore excitation/inhibition balance; and regenerate.
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