Aerska
Entrepreneur First '25Founded 2025 · 15 known investors
Aerska develops RNA interference (RNAi) medicines designed for targeted delivery across the blood-brain barrier to treat, delay, and prevent central nervous system and neurological diseases. The company combines next-generation RNA therapeutics, brain delivery technologies, and biomarker-guided precision medicine to silence disease-causing genes in the brain.
Also known as Aerska, Inc.
Founders & leadership
Aerska was founded in 2025 by Stuart Milstein, Jack O’Meara, and Jack O'Meara.

Investors · 15
Also in the syndicate · 8
Company profile
researched Aug 2026Aerska is a biotechnology company developing RNA interference (RNAi) medicines intended to treat, delay and prevent diseases of the brain. Its central technical premise is that RNAi has demonstrated potency, durability and precision in liver and cardiometabolic disease but has been held back in the central nervous system by the difficulty of delivering oligonucleotides across the blood-brain barrier. The company's antibody-oligonucleotide conjugate (AOC) platform pairs RNAi payloads with "brain shuttle" moieties that use receptor-mediated transport to cross the barrier, with the goal of intravenous or subcutaneous dosing that achieves uniform, deep brain distribution, neuronal uptake and durable target gene knockdown.
The company describes its approach as built on three pillars: next-generation RNA medicines; systemic administration with targeted brain delivery; and precision and prevention, combining target biology, data-driven patient stratification and biomarker-guided development. Initial programmes focus on genetic forms of Alzheimer's disease and Parkinson's disease. Aerska says it is combining external partnerships with internal innovation to source and develop brain delivery technology, and is making targeted investments in data science capabilities to support its precision neurology strategy.
Aerska was incorporated in Delaware with offices in Ireland and the United Kingdom, and is headquartered in Dublin with research operations in London; in June 2026 it announced an additional site in Boston. Its name derives from a Gaelic proverb ("Ar scáth a chéile a mhaireann na daoine") referring to collective strength and collaboration.
Founding story
The founders cite personal experience of neurodegenerative disease as motivation: CEO Jack O'Meara describes watching relatives decline with Alzheimer's disease, and co-founder Dave Hardwicke describes his family being affected by neurodegenerative disease. O'Meara previously co-founded and led Ochre Bio, an RNA medicines company for liver disease, where the company reports he raised $45M in venture funding and over $70M in pharma partnering revenue with more than $1B in potential milestones; one source states Ochre Bio was founded in 2019, raised over $100m and that O'Meara stepped away in late 2024. Co-founder Stuart Milstein was previously Director of RNAi Lead Development at Alnylam, where he initiated early CNS siRNA delivery work and developed widely used siRNA template chemistry, later serving at Korro Bio and as Chief Platform Officer at Sail Biomedicines.
Business model
Aerska is a preclinical-stage therapeutics developer funded by venture capital. Its published materials describe building a proprietary AOC brain-shuttle platform and an internal pipeline of RNAi programmes, complemented by external partnerships for brain delivery technologies; no product revenue is described in the sources.
No revenue model is disclosed in the sources; the company is financed by venture capital at a preclinical stage.
Traction
Sources report $60 million raised across a $21M seed (October 2025) and a $39M Series A (February 2026), assembly of a leadership team drawn from Alnylam, AstraZeneca Neuroscience, Ochre Bio and Afimmune, board additions from EQT and age1, and geographic expansion to Boston in June 2026. No clinical or preclinical data milestones are disclosed in the sources.
Latest developments
In 2026 Aerska closed a $39M Series A (9 February) led by EQT Dementia Fund and age1 with Iaso Ventures and existing investors, added Arno de Wilde, Philip Scheltens and Alex Colville to its board, announced further leadership and board appointments on 15 April 2026, opened a Boston site on 1 June 2026 to accelerate AOC platform development, and announced the appointment of Uli Stilz and Itziar Canamasas to its board on 15 June 2026.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Aerska is an early-stage entrant in CNS genetic medicine delivery, positioned around the unmet delivery bottleneck for RNAi in neurology. One source frames its Series A within a wider cohort of European CNS-focused biotech rounds in the period (naming Axoltis Pharma, EpilepsyGTx and TRIMTECH Therapeutics as other funded CNS companies) and describes Aerska as one of the few Ireland-based entrants in that cohort.
The company positions itself on combining three elements that it says have not previously been brought together for the CNS: next-generation RNAi chemistry, systemic brain-shuttle delivery across the blood-brain barrier (avoiding more invasive administration routes), and biomarker-guided precision medicine focused on genetically defined patient populations. Its founding team includes the scientist who initiated CNS siRNA delivery work at Alnylam and developed industry-standard siRNA template chemistry.
Technology
An antibody-oligonucleotide conjugate (AOC) platform that links siRNA payloads to "brain shuttle" antibodies enabling receptor-mediated transport across the blood-brain barrier after systemic (intravenous or subcutaneous) administration, aiming for neuronal uptake, uniform and deep brain distribution, and durable gene knockdown. This is combined with target biology, patient stratification data science and biomarker-guided development for a precision medicine approach in neurology.
Go-to-market
The company reports engaging with Ireland's university and research ecosystem on potential collaborations and pursuing external partnerships for brain delivery technologies alongside internal platform development; no commercial go-to-market activity is described in the sources.
Patients with central nervous system and neurological diseases, with initial focus on genetically defined forms of Alzheimer's disease and Parkinson's disease; as a therapeutics developer its commercial counterparties would be healthcare systems and potential pharmaceutical partners.
Geography
Headquartered in Dublin, Ireland, with research operations in London, UK; incorporated in Delaware, United States (registered office in Wilmington, Delaware, with mail address in Claymont, Delaware). A Boston site was announced on 1 June 2026.
History
Aerska was founded in 2025 by Jack O'Meara, Stuart Milstein and David (Dave) Hardwicke. It emerged from stealth on 1 October 2025 with $21 million in seed financing. On 9 February 2026 it announced a $39 million Series A led by EQT Dementia Fund and age1, bringing total funding to $60 million and adding three investor directors to the board. Subsequent company announcements in 2026 covered further leadership and board appointments (April and June 2026) and the opening of a Boston site (June 2026).
Risks & controversies
The sources describe no controversies. Inherent risks visible from the material include preclinical stage with no disclosed data or clinical candidates, dependence on unproven blood-brain barrier delivery technology partly sourced through external partnerships, and reliance on continued venture financing.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsAerska announced the appointments of Uli Stilz and Itziar Canamasas to its board.
Aerska announced expansion of its global presence with a new Boston site to accelerate development of its antibody-oligonucleotide conjugate (AOC) platform.
Aerska announced key leadership and board appointments to advance systemically delivered RNA medicines for the brain (press release listed on company news page).
Series A financing of $39 million (approximately €32-33 million) led by EQT Dementia Fund and age1 with participation from Iaso Ventures and existing investors, to advance the antibody-oligo conjugate (AOC) brain-shuttle platform; brings total raised to $60 million.
$39M source ↗
As part of the Series A financing, Arno de Wilde (Managing Director, EQT), Philip Scheltens (Partner and Head of the Dementia Fund, EQT) and Alex Colville (General Partner, age1) joined Aerska's board of directors.
Aerska emerged from stealth with $21M in seed financing co-led by Age1, Backed VC and Speedinvest, with participation from Blueyard, Lingotto (Exor), Norrsken VC, Kerna, PsyMed, Saras and Ada Ventures, to develop systemically administered RNAi medicines for brain diseases.
$21M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Aerskaaerska.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Aerska do?
- Irish biotech developing systemically delivered RNAi medicines that cross the blood-brain barrier to treat CNS diseases.
- Who founded Aerska?
- Aerska was founded by Stuart Milstein, Jack O’Meara, Jack O'Meara in 2025.
- Who are Aerska's investors?
- Aerska's investors include age1, BlueYard Capital, Entrepreneur First, Iaso Ventures, PsyMed Ventures, Unruly Capital, Ada Ventures.

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