Thermalin Inc.
Waban, US · Founded 2016 · 6 known investors
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Developer of next-generation insulin solutions
Founders & leadership
Board

Investors · 6
How we know: Delos Capital's portfolio page · Not right? Tell us
How we know: Robin Hood Ventures's portfolio page · Not right? Tell us
How we know: funding news · biocentury.com · Not right? Tell us
How we know: funding news · Not right? Tell us
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$19.5M disclosed across 2 rounds · 2017–2019
▶$17.1MraisedAug 2019 · 6 investors · BiotechnologyRule 506(b)
- David C. SweeneyDirector
- John BrooksDirector
- Tim XiaoDirector
- Richard BerensonExecutive Officer, Director, Promoter
- Offering amount
- $23M
- Amount sold
- $17.1M
- Sales commissions
- $367.3K
- First sale
- Jul 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.3MraisedAug 2019 · 5 investors · BiotechnologyRule 506(b)
- Richard BerensonExecutive Officer, Director, Promoter
- Tim XiaoDirector
- David C. SweeneyDirector
- John BrooksDirector
- Offering amount
- $10.8M
- Amount sold
- $2.3M
- Sales commissions
- $58K
- First sale
- May 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2020 | $3M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2019 | $276.3K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase ISTTR | 2019 | $224.1K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Thermalin Inc. do?
- Developer of next-generation insulin solutions
- Who are Thermalin Inc.'s investors?
- Thermalin Inc.'s investors include Delos Capital, Robin Hood Ventures, Green Park & Golf Ventures, Jumpstart Ventures, Sanofi Ventures.
- How much funding has Thermalin Inc. raised?
- Thermalin Inc. has disclosed $19.5M raised across 2 rounds.
- Where is Thermalin Inc. headquartered?
- Thermalin Inc. is headquartered in Waban, US.


