Funding for French start-up

Country

Italy

A French start-up company located in Strasbourg has been awarded €11.25 million in seed funding to develop neuroplastogens, a class of small molecule drug, for depression and neuropsychiatric disorders. Elkedonia SAS received the funding from a syndicate co-led by Kurma Partners and including Angelini Ventures, the venture capital arm of Angelini Industries of Italy.