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1042 Icelandic biotech company raises €26.5M in oversubscribed Series A to advance dementia and skin disease treatments

ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/22/2025 05:50 EDT

Icelandic biotech company raises €26.5M in oversubscribed Series A to advance dementia and skin disease treatments

Arctic Therapeutics (ATx), an Icelandic drug discovery company, has closed a €26.5 million oversubscribed Series A financing round with backing from a group of international investors. These include the EIC Fund, Kaldbakur, Sanos Group, Cerebrum DAO, and The Lurie Family Foundation, alongside investors connected to Icelandic unicorn Kerecis. The funding will support the advancement of […]

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