Nitrase Therapeutics

South San Francisco, United States · Founded 2012 · $83.0M raised

Employees
11–50
Founded
2012
Business Model
B2B
Total Funding
$83.0M
Last Round
$45.0M Series AApr 2024
Rounds
2

About

Nitrase Therapeutics is a South San Francisco-based biopharmaceutical company deploying its proprietary NITROME platform to unlock the therapeutic potential of nitrases — a newly discovered class of enzymes that catalyze protein nitration. Founded in 2012 as Nitrome Biosciences by Irene Griswold-Prenner, Ph.D., the company established that protein nitration is an enzymatically driven process rather than a random chemical reaction, opening an entirely new field of therapeutic research. By inhibiting the nitrases responsible for disease-causing protein nitration, Nitrase aims to develop first-in-class treatments for neurodegenerative diseases including Parkinson disease, as well as inflammatory and cancer indications. The NITROME platform provides a novel mechanism-based approach to conditions previously considered undruggable, with key investors including AbbVie Ventures, Alexandria Venture Investments, Sofinnova Partners, the Dementia Discovery Fund, and Mission Bay Capital.

Summary

Nitrase Therapeutics is a Biotech company based in South San Francisco, United States, founded in 2012. It has raised $83.0M in total across 2 rounds, most recently a $45.0M Series A round in Apr 2024. Investors include Sofinnova Partners, AbbVie Ventures and Alexandria Venture Investments.

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Funding History

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Series ASeries AApr 2024
$45.0M

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Series A — per-round amounts, valuations, and who invested in each round.

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