United States · Pharmaceuticals startup

Ashvattha Therapeutics, Inc.

Ashvattha Therapeutics, Inc.

Funding reportedLast round: Series B

PharmaceuticalsRedwood City, United States

About Ashvattha Therapeutics, Inc.

Ashvattha Therapeutics, Inc.

is a clinical-stage biopharmaceutical company based in Redwood City, California. Founded in 2015, the company focuses on developing precision nanomedicines to address unmet medical needs in neurology, ophthalmology, hyperinflammatory diseases, and neuro-oncology. Ashvattha is recognized for its innovative platform that selectively targets and reprograms activated immune cells, such as macrophages and microglia, which play a role in various pathologies. The company's proprietary Hydroxyl Dendrimer (HD) platform enables the creation of Hydroxyl Dendrimer Therapeutics (HDTs) that can cross biological barriers and engage diseased tissues effectively. Ashvattha's product pipeline includes therapeutic candidates like OP-101 for inflammatory diseases, D-4517.2 for ophthalmological conditions, and OP-801, a diagnostic imaging agent for neuro-oncology. The company aims to improve treatment precision and reduce side effects for patients suffering from conditions like age-related macular degeneration, neurological disorders, and severe hyperinflammation.

What company datasets say Ashvattha Therapeutics, Inc. raised

Funding, as reported

Reported in all$98Min dollars
Rounds4
Last roundSeries B
Last round size$50M
Last round dateApr 2023
Investors listed17

Founders and team

From Ashvattha Therapeutics, Inc.'s own website and the SEC filings it signed: 2 on the team.

  • Elizabeth JeffordsPresident & CEO of Iolyx Therapeutics
  • Jeffrey ClelandExecutive Officer, Directori

On the board, as filediYuhang Zhao

The company, in detail

What they build

Known for

health careinflammatory diseasesselective uptakehydroxyl dendrimer drug deliverymigaldendranibclinical-stage biopharmaceuticalsubcutaneous administrationneuroinflammation imagingpet tracers for microgliahospital & health caremedicalinflammation targetingophthalmologyneurologyhealthbiotechnology

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Sector
Pharmaceuticals
Industry code
NAICS 541714, SIC 2834
Region
California
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