Alcresta Lands $10,000,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6bdf7839-bdb8-42f0-a126-9667c98be570&Preview=1 -
Date
4/18/2012 -
Company Name
Alcresta -
Mailing Address
One Newton Executive Park Newton, MA 02462 -
Company Description
Alcresta is developing and commercializing innovative enzyme-based nutritional products that improve patient health and manage disease for infants, older adults and patients battling acute or chronic conditions. -
Website
http://www.alcresta.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Proceeds from the financing will support Alcresta in leveraging its existing proprietary platform to discover and develop a broad range of enzyme-based nutritional products and medical devices designed to improve clinical outcomes, enhance quality of life and reduce health care costs. -
M&A Terms
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Venture Investor
Bessemer Venture Partners -
Venture Investor
Frazier Healthcare Ventures -
Venture Investor
Third Rock Ventures -
Venture Investor
Undisclosed
