Arctic Therapeutics

Raised $21.5M, announced 21 October 2026.

Round

Arctic Therapeutics closed an oversubscribed US$21.5 million financing to advance AT-002 and AT-003 toward clinical development.

Amount
$21.5M
Announced
21 October 2026
Leads
Pekron, Sanos Group, Kaldbakur, Landvættir
Use of funds
Advance AT-002 and AT-003 towards clinical development, expanding the clinical pipeline.
Checked
Announced by the company

Company

Develops genetic-discovery-based treatments for neurological and inflammatory diseases

Based in
Iceland
Sector
Health
Website
arctictherapeutics.com ↗

Founders

  • Ivar Hakonarsonco-founder and chief executive officerLinkedIn ↗
  • Hakon Hakonarsonfounder

Sources and links

Sources
Arctic Therapeutics closes oversubscribed US$21.5 million financing prnewswire.com
Arctic Therapeutics closes oversubscribed US$21.5 million financing prnewswire.com
Arctic Therapeutics Raises $21.5M in Funding - FinSMEs news.google.com
Website
arctictherapeutics.com ↗
LinkedIn
Ivar Hakonarson ↗
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