Delix Therapeutics

United States · Biotech

Delix Therapeutics develops neuroplastogen medicines for psychiatric and neurological disorders.

Product

Delix Therapeutics is a clinical-stage neuroscience company developing small-molecule medicines for psychiatric and neurological disorders. Its neuroplastogen platform is designed to promote changes in neural connections without the hallucinogenic effects associated with traditional psychedelics.

Its lead candidate, zalsupindole, has completed Phase Ib development in major depressive disorder. Delix is preparing a Phase II program while developing additional candidates for its broader pipeline.

Funding history

6 rounds · 6 with disclosed amounts
AnnouncedRoundAmountInvestors
Series C$100MJohnson & Johnson Innovation – JJDC, Inc. — LeadSV Health Investors' Dementia Discovery Fund — LeadAdage Capital Management — ParticipantArtis Ventures — ParticipantBail Capital — ParticipantDolby Family Ventures — ParticipantHamilton Square Partners — ParticipantOMX Ventures — ParticipantRA Capital Management — ParticipantUC Investments — ParticipantVestal Point Capital — ParticipantYK Bioventures — Participant
Department of Defense research grant$825KU.S. Department of Defense — Participant
NIDA research grant$320KNational Institute on Drug Abuse — Participant
Convertible notes>$30MParticipants not disclosed
Credit facility option≤$10MComerica Bank — Participant
Series A$70MArtis Ventures — LeadOMX Ventures — LeadRA Capital Management — LeadApeiron — ParticipantBail Capital — ParticipantCasa Verde Capital — ParticipantDolby Family Ventures — ParticipantNegev Capital — ParticipantNoetic Fund — ParticipantOcama Partners — ParticipantPalo Santo — ParticipantPresight Capital — ParticipantPsyMed Ventures — ParticipantR2 — ParticipantRe.Mind Capital — ParticipantSaya Bio — ParticipantVertical Venture Partners — ParticipantWPSS — Participant
Sourcesdelixtherapeutics.com ↗delixtherapeutics.com ↗