Reneo Pharmaceuticals

IPO

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Public · San Diego, United States · Founded 2014 · $210.0M raised

Employees
11–50
Founded
2014
Business Model
B2B
Total Funding
$210.0M
Last Round
$65.0M Venture RoundOct 2024
Rounds
3
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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 $210.0M in total across 3 rounds, most recently a $65.0M Venture Round in Oct 2024. Investors include Abingworth Bioventures, Novo Holdings A/S and New Enterprise Associates.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Venture RoundConcurrent Private PlacementOct 2024
$65.0M

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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.

Investors

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