How Much Did Elevian Raise?
Funding & Key Investors

Elevian, an emerging biotechnology firm focused on regenerative medicine, has secured significant enterprise-level funding, with its total capital raised standing at $55M. The company recently announced a major strategic investment of $40M, underscoring its progress in developing novel therapeutics aimed at restoring youthful regenerative capacity. This latest financing round highlights investor confidence in Elevian's potential to address a spectrum of age-related diseases.

What is Elevian?

Elevian
ManufacturingPharmaceuticalsBusiness Services

Elevian is a biotech innovator established in 2017 and headquartered in Allston, Massachusetts. The company is dedicated to the development of medicines designed to restore youthful regenerative capacity, offering a potential pathway to treat and prevent a variety of age-related diseases. Its scientific approach targets fundamental mechanisms of aging, positioning it at the forefront of longevity research and therapeutic development. The company's work signifies a growing trend in the pharmaceutical industry towards addressing aging as a treatable condition.

How much funding has Elevian raised?

Elevian has raised a total of $55M across 2 funding rounds:

2020

Angel/Seed

$15M

2021

Series A

$40M

Angel/Seed (2020): $15M with participation from Western Technology Investment, Prime Movers Lab, Kizoo Ventures, Lauder Partners, For Good Ventures, BOLD Capital Partners, Longevity Fund companies, and SavEarth Fund

Series A (2021): $40M led by John A Kuelbs Family Office, Leslie Ventures, BOLD Capital Group, and Prime Movers Lab

Key Investors in Elevian

BOLD Capital Group

BOLD Capital Group is a venture capital firm specializing in early-stage technology platforms, with a focus on healthcare and other innovative sectors. They provide investment and advisory services to help companies grow and navigate capital needs.

Prime Movers Lab

Prime Movers Lab is a venture capital firm that invests in breakthrough scientific startups aiming to transform industries and improve lives. They support founders with innovative ideas and a growth mentality.

Longevity Fund companies

The Longevity Fund is a venture capital firm focused on funding companies developing drugs for age-related diseases and longevity, aiming to bring longevity drugs into mainstream medicine.

What's next for Elevian?

With the recent infusion of major strategic capital, Elevian is poised for accelerated growth and the advancement of its therapeutic pipeline. This significant investment, part of its overall $55M in funding, will likely fuel further research and development, clinical trials, and potential expansion of its operational capabilities. The company's focus on age-related diseases and regenerative medicine places it in a high-growth sector, attracting substantial backing from investors keen on transformative healthcare solutions. Future developments are expected to center on progressing its lead candidates through regulatory pathways and expanding its portfolio of treatments.

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Frequently Asked Questions Regarding Elevian Financial Insights

What are the most recent funding rounds that Elevian has completed, and what were the funding rounds?
Elevian has recently completed 2 funding rounds: Series A on Sep 16, 2021, Angel/Seed on Nov 24, 2020.
What is the total amount of funding Elevian has raised to date?
Elevian has raised a total of $55M in funding to date.
How many funding rounds has Elevian completed?
Elevian has completed 2 funding rounds.
How much funding did Elevian raise in its most recent funding round?
Elevian raised $40M in its most recent funding round.
Who are the lead investors in Elevian's latest funding round?
The lead investor in Elevian's latest funding round was John A Kuelbs Family Office. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Elevian's history?
The largest funding round in Elevian's history was $40M.
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