Prexton Therapeutics

Founded: 2012 • Age: 14 yrs Acquired By Lundbeck
Parkinsons drugs targeting mGluR3 and mGluR4 receptors are developed.
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About Prexton Therapeutics

Prexton Therapeutics is a company founded in 2012 was acquired by Lundbeck in March 2018.. Prexton Therapeutics has raised $43.46 million across 3 funding rounds from investors including Lundbeck, Forbion and Seroba Lifesciences. Prexton Therapeutics operates in a competitive market with competitors including Biogen, Denali Therapeutics, Annexon, Entrada Therapeutics and Adamas Pharma, among others.

  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $43.46 M (USD)

    in 3 rounds

  • Latest Funding Round
    $31 M (USD), Series B

    Feb 07, 2017

  • Investors
    Lundbeck

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Lundbeck

    (Mar 16, 2018)

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Funding Insights of Prexton Therapeutics

Prexton Therapeutics has successfully raised a total of $43.46M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $31.0M
  • First Round

    (30 Jul 2012)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2017 Amount Series B - Prexton Therapeutics Valuation

investors

Feb, 2015 Amount Series A - Prexton Therapeutics Valuation

investors

Jul, 2012 Amount Seed - Prexton Therapeutics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Prexton Therapeutics

Prexton Therapeutics has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lundbeck, Forbion and Seroba Lifesciences. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on lifescience and healthcare sectors
Founded Year Domain Location
Ysios Capital is recognized as a leading life sciences investor.
Founded Year Domain Location
Investments are made by Sunstone in early-stage European companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Prexton Therapeutics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Prexton Therapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Prexton Therapeutics Comparisons

Employees
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Competitors of Prexton Therapeutics

Prexton Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Biogen, Denali Therapeutics, Annexon, Entrada Therapeutics and Adamas Pharma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Prexton Therapeutics

Frequently Asked Questions about Prexton Therapeutics

When was Prexton Therapeutics founded?

Prexton Therapeutics was founded in 2012.

Is Prexton Therapeutics a funded company?

Prexton Therapeutics is a funded company, having raised a total of $43.46M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.59M, raised on Jul 30, 2012.

What does Prexton Therapeutics do?

Prexton Therapeutics was founded in 2012 and operates in the biotechnology sector, focusing on treatments for Parkinsons disease. Metabotropic glutamate receptors mGluR3 and mGluR4 are targeted through the development of positive allosteric modulators to enhance mGluR4 activity. These receptors interact with glutamate, an excitatory neurotransmitter linked to functions such as learning, memory, anxiety, and pain perception. Motor behaviors in Parkinsons patients are expected to be restored by this approach.

Who are the top competitors of Prexton Therapeutics?

Prexton Therapeutics's top competitors include Alector, Intra-Cellular Therapies and Entrada Therapeutics.

Who are Prexton Therapeutics's investors?

Prexton Therapeutics has 6 investors. Key investors include Lundbeck, Forbion, Seroba Lifesciences, Ysios Capital, and Sunstone.

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