Fundraising Fox

Lysosomal Therapeutics

Cambridge, US · Founded 2011 · Delaware corporation · 4 known investors

Lysosomal Therapeutics Inc. (LTI) develops small-molecule drug therapies for severe neurological diseases affecting movement and cognition, with a lead candidate, LTI-291, targeting GBA-associated parkinsonism, a form of Parkinson's disease linked to GBA1 gene mutations. The company's drug discovery approach draws on the biological link between common neurodegenerative diseases and rare lysosomal genetic disorders.

Founders & leadership

Lysosomal Therapeutics was founded in 2011 by Dimitri Krainc.

DK
Dimitri KraincFounder
RC
Robert CarpenterExecutive
CB
Cornelis BeenExecutive

Board

SH
Steven HallBoard director
CN
Carole NuechterleinBoard director
BD
Bernard DavitianBoard director
BB
Bruce BoothBoard director
CT
Clay ThorpBoard director
HT
Henri TermeerBoard director
PW
Peter WirthBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$38M disclosed across 4 rounds · 2014–2019

$1MraisedNov 2019 · 10 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven E. HallDirector
  • Carole NuechterleinDirector
  • Clay ThorpDirector
  • Daniel GeffkenExecutive Officer
  • Bruce L. BoothDirector
  • Robert CarpenterExecutive Officer, Director
  • Cornelis BeenExecutive Officer, Director
Offering amount
$3M
Amount sold
$1M
First sale
Oct 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$26.1MraisedJan 2017 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven HallDirector
  • Bernard DavitianDirector
  • Daniel GeffkenExecutive Officer
  • Bruce BoothDirector
  • Cornelis BeenExecutive Officer, Director
  • Robert CarpenterExecutive Officer, Director
  • Carole NeuchterleinDirector
  • Clay ThorpDirector
Offering amount
$26.1M
Amount sold
$26.1M
First sale
Jan 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedOct 2016 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven HallDirector
  • Carole NuechterleinDirector
  • Bernard DavitianDirector
  • Robert CarpenterExecutive Officer, Director
  • Bruce BoothDirector
  • Cornelis BeenExecutive Officer, Director
  • Clay ThorpDirector
Offering amount
$6M
Amount sold
$6M
Proceeds to insiders
$250K
First sale
Oct 2016
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.8MraisedMay 2014 · 11 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Dimitri KraincDirector
  • Cornelis BeenExecutive Officer, Director
  • Robert CarpenterExecutive Officer, Director
  • Henri TermeerDirector
  • Peter WirthDirector
Offering amount
$4.8M
Amount sold
$4.8M
First sale
Apr 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

In the news

Frequently asked questions

What does Lysosomal Therapeutics do?
Lysosomal Therapeutics Inc. (LTI) develops small-molecule drug therapies for severe neurological diseases affecting movement and cognition, with a lead candidate, LTI-291, targeting GBA-associated parkinsonism, a form of Parkinson's disease linked to GBA1 gene mutations. The company's drug discovery approach draws on the biological link between common neurodegenerative diseases and rare lysosomal genetic disorders.
Who founded Lysosomal Therapeutics?
Lysosomal Therapeutics was founded by Dimitri Krainc in 2011.
Who are Lysosomal Therapeutics's investors?
Lysosomal Therapeutics's investors include Atlas Venture, Hatteras Venture Partners, Lilly Ventures, Roche Venture Fund.
How much funding has Lysosomal Therapeutics raised?
Lysosomal Therapeutics has disclosed $38M raised across 4 rounds.
Where is Lysosomal Therapeutics headquartered?
Lysosomal Therapeutics is headquartered in Cambridge, US.