Astrocyte Pharmaceuticals

Raised $9.5M in a Series B round, announced 30 September 2026.

Round

Astrocyte Pharmaceuticals raised $9.5 million in Series B financing to advance Phase 2 development of its AST-004 brain injury therapy.

Amount
$9.5M
Stage
Series B
Announced
30 September 2026
Lead
DeepWork Capital
Other investors
MintPharma Capital, Waterstar Capital, Dynagrow Capital, Angel Star Ventures
Use of funds
Advance continued Phase 2 development of AST-004, including completing the STARFAST trial.
Total raised
$40M to date
Checked
Announced by the company

Company

Develops therapies for concussion, traumatic brain injury, and stroke

Based in
Groton, United States
Sector
Health
Website
astrocytepharma.com ↗

Founder

  • William Korinek, Ph.D.Chief Executive Officer

Sources and links

Sources
Astrocyte Pharmaceuticals Raises $9.5M in Series B Funding - FinSMEs news.google.com
Astrocyte Pharmaceuticals Secures $9.5 Million Series B to Advance Phase 2 Clinical Development of Breakthroug prnewswire.com
Website
astrocytepharma.com ↗
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