Pelage Pharmaceuticals

Raised $120M in a Series B round, announced 15 October 2025.

Total raised
$120M

Latest round Series BCountry United StatesSector Health

Round

$120MSeries B, 15 October 2025

Fund the Phase III program for PP-405, planned to start in 2026

Amount
$120M
Stage
Series B
Announced
15 October 2025
Lead
ARCH Venture Partners
Other investors
GV, Main Street Advisors, Visionary Ventures
Use of funds
Fund the Phase III program for PP-405, planned to start in 2026
Checked
Amount and date matched across 2 press sources
Sources
Pelage Pharmaceuticals raises $120M Series B (date approx) biospace.com
Pelage Pharmaceuticals raises $120M Series B (date approx) alleywatch.com
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Company

Develops a topical hair follicle stem cell therapy for hair loss

Based in
Los Angeles, United States
Sector
Health
Website
pelagepharma.com ↗

Links

Website
pelagepharma.com ↗

Questions

How much has Pelage Pharmaceuticals raised?

Pelage Pharmaceuticals raised $120M in a Series B round, announced on 15 October 2025.

Who invested in Pelage Pharmaceuticals?

ARCH Venture Partners led. Investors include ARCH Venture Partners, GV, Main Street Advisors and Visionary Ventures.