Convertible notes · Biotech

Delix Therapeutics announces more than $30 million in convertible notes

The January 2022 announcement described financing from existing and new investors.

Delix Therapeutics announced on January 10, 2022 that it had closed more than $30 million in convertible-note financing from existing and new investors. It did not name the investors in the notes.

The proceeds supported its neuroplastogen programs, broader pipeline and team. Delix separately announced a $10 million credit-facility option with Comerica Bank.

Use of funds

Advance neuroplastogen development and expand pipeline

Funding history

Convertible notes · This round>$30M
Series A$70M

Sources

  1. Delix Therapeutics financingdelixtherapeutics.com · Jan 10, 2022