Reneo Pharmaceuticals

IPO

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Public · San Diego, United States · Founded 2014 · $145.0M raised

Biotech
Rare Diseases
Employees
11–50
Founded
2014
Business Model
B2B
Total Funding
$145.0M
Last Round
$95.0M Series BDec 2020
Rounds
2
Type
Public

About

Reneo Pharmaceuticals was a clinical-stage biopharmaceutical company founded in 2014 in San Diego, California, focused on the development of therapies for patients with rare genetic mitochondrial diseases. Reneo's lead program, REN001 (a PPARdelta agonist), targeted primary mitochondrial myopathy. The company went public on Nasdaq in April 2021 under the symbol RPHM. Following a Phase 2b clinical trial failure in May 2024, Reneo merged with OnKure Therapeutics, closing the merger in October 2024.

Summary

Reneo Pharmaceuticals is a Biotech company based in San Diego, United States, founded in 2014. It has raised $145.0M in total across 2 rounds, most recently a $95.0M Series B round in Dec 2020. Investors include Novo Holdings, Abingworth and New Enterprise Associates.

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Funding History

Secondary MarketSecondary OfferingMay 2023
$68.3M

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Investors

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