VC: Cerenis garners $53.5M in second round



Cerenis garners $53.5M in second round

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Cerenis Therapeutics
Ann Arbor, MI and Toulouse, France

$53.5M
Second

TVM Capital

Cerenis says much of the money will be used to back the development of its lead compound, Cerenis HDL, a synthetic form of HDL that mimics natural HDL.

EyeGate Pharma
Waltham, MA

$10M
Second

Innoven Partenaires and Ventech

EyeGate is researching new drug/device therapies for macular degeneration and other eye diseases.

Yaupon Therapeutics
Radnor, PA

$4M
Second

Osage Ventures

The financing will support the continued development of Yaupon's multiple clinical programs targeting diverse medical needs in the treatment of lymphoma, addiction and neuropathic pain.