/Companies

DiaMedica Therapeutics

NASDAQ: DMAC

Minneapolis, US · Canada (Federal Level) corporation · 2 known investors

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DiaMedica Therapeutics develops therapies aimed at reducing ischemia in patients with serious vascular diseases, with an initial focus on preeclampsia, fetal growth restriction, and acute ischemic stroke. It is a clinical-stage biopharmaceutical company working on treatments for ischemic disorders.

Founders & leadership

DJDavid J. Wambeke
David J. WambekeChief Business Officer2023–2025David J. Wambeke is an Executive Officer at DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies for ischemic disorders. He is a former healthcare investment banker and U.S. Army combat veteran.
LMLorianne Masuoka
Lorianne MasuokaChief Medical Officer2024–2025Lorianne Masuoka is an executive officer at DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies to reduce ischemia in patients with serious vascular diseases, including preeclampsia, fetal growth restriction, and acute ischemic stroke. She has expertise in neurology and related therapeutic areas.
RP
Rick PaulsPresident & CEORick Pauls is an Executive Officer and Director at DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies for ischemic diseases including acute ischemic stroke and preeclampsia.
SK
Scott KellenChief Financial OfficerScott Kellen is an executive officer at DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies for ischemic disorders including preeclampsia and acute ischemic stroke. He brings financial and operational management experience, with expertise in capital formation, SEC compliance, financial planning, and corporate governance.
TVTodd Verdoorn
Todd VerdoornChief Scientific Officer2016–2019Todd Verdoorn is an executive officer at DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies for ischemic disorders. He has led drug and device development programs from preclinical through clinical stages across multiple companies and disease areas, with experience in manufacturing, toxicology, biomarkers, and translational medicine.
JKJulie Krop
Julie KropChief Medical OfficerJulie Krop is Chief Medical Officer of DiaMedica Therapeutics, a clinical-stage biopharmaceutical company developing therapies for ischemic vascular disorders. She has held senior clinical development and regulatory affairs roles at large pharmaceutical and biotech companies, with experience spanning early-stage through post-approval drug development and FDA interactions.
PP
Paul PapiNamed on SEC filing
Z(
Zhenyu (Jerry) XiaoNamed on SEC filing
DG
David GurveyNamed on SEC filing

Board

CP
Charles P. SembaBoard director
RKRichard Kuntz
Richard KuntzBoard directorManaging Director at Shepherd Ventures
RM
R. Michael GiuffreBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$110.4M disclosed across 6 rounds · 2018–2025

▶$30.1MraisedJul 2025 · 14 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • David J. WambekeExecutive Officer
  • Charles P. SembaDirector
  • Lorianne MasuokaExecutive Officer
  • Daniel O'ConnorDirector
  • Scott KellenExecutive Officer
  • Richard KuntzDirector
  • Michael R. GiuffreDirector
  • Tanya N. LewisDirector
  • Rick PaulsExecutive Officer, Director
  • James T. ParsonsDirector
Offering amount
$30.1M
Amount sold
$30.1M
First sale
Jul 2025
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.8MraisedJul 2024 · 10 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • David J. WambekeExecutive Officer
  • Charles P. SembaDirector
  • Richard KuntzDirector
  • R. Michael GiuffreDirector
  • Lorianne MasuokaExecutive Officer
  • Tanya N. LewisDirector
  • Rick PaulsExecutive Officer, Director
  • Scott KellenExecutive Officer
  • Richard D. PilnikDirector
  • James T. ParsonsDirector
Offering amount
$11.8M
Amount sold
$11.8M
First sale
Jun 2024
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$37.5MraisedJun 2023 · 34 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dominic CundariExecutive Officer
  • Scott KellenExecutive Officer
  • David J. WambekeExecutive Officer
  • R. Michael GiuffreDirector
  • Rick PaulsExecutive Officer, Director
  • Richard D. PilnikDirector
  • Tanya N. LewisDirector
  • Julie DavesExecutive Officer
  • Kirsten GruisExecutive Officer
  • James T. ParsonsDirector
  • Richard KuntzDirector
  • Charles P. SembaDirector
Offering amount
$37.5M
Amount sold
$37.5M
Sales commissions
$845.8K
Placement agents
Craig-Hallum Capital Group LLC
First sale
Jun 2023
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$750KraisedApr 2023 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Julie DavesExecutive Officer
  • Tanya N. LewisDirector
  • Scott KellenExecutive Officer
  • Rick PaulsExecutive Officer, Director
  • Kirsten GruisExecutive Officer
  • Charles P. SembaDirector
  • Dominic CundariExecutive Officer
  • Richard D. PilnikDirector
  • James T. ParsonsDirector
  • R. Michael GiuffreDirector
Offering amount
$750K
Amount sold
$750K
First sale
Apr 2023
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30MraisedOct 2021 · 10 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • R. Michael GiuffreDirector
  • Amy L. BurroughsDirector
  • Harry W. Alcorn Jr.Executive Officer
  • Richard D. PilnikDirector
  • Charles P. SembaDirector
  • Scott KellenExecutive Officer
  • Rick PaulsExecutive Officer, Director
  • Sydney GilmanExecutive Officer
  • James T. ParsonsDirector
Offering amount
$30M
Amount sold
$30M
First sale
Sep 2021
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$200.9KraisedApr 2018 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rick PaulsExecutive Officer, Director
  • James ParsonsDirector
  • Scott KellenExecutive Officer
  • Paul PapiExecutive Officer
  • Zhenyu (Jerry) XiaoDirector
  • Todd VerdoornExecutive Officer
  • Richard PilnikDirector
  • David GurveyExecutive Officer
  • Michael GiuffreDirector
Offering amount
$344.3K
Amount sold
$200.9K
First sale
Mar 2018
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$47.8Mvaluation at IPODec 2018 · $4.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Related companies · 2

Companies working in the same space as DiaMedica Therapeutics.

Frequently asked questions

What does DiaMedica Therapeutics do?
DiaMedica Therapeutics develops therapies aimed at reducing ischemia in patients with serious vascular diseases, with an initial focus on preeclampsia, fetal growth restriction, and acute ischemic stroke. It is a clinical-stage biopharmaceutical company working on treatments for ischemic disorders.
Who are DiaMedica Therapeutics's investors?
DiaMedica Therapeutics's investors include CentreStone Ventures, Shepherd Ventures.
How much funding has DiaMedica Therapeutics raised?
DiaMedica Therapeutics has disclosed $110.4M raised across 6 rounds.
Where is DiaMedica Therapeutics headquartered?
DiaMedica Therapeutics is headquartered in Minneapolis, US.