How Much Did Progenra Raise?
Funding & Key Investors

Progenra has secured $330K in total funding, with its most recent capital infusion amounting to $180K. This significant strategic investment underscores the company's progress in developing novel therapeutics.

What is Progenra?

Progenra
Business ServicesResearch & Development

Progenra is a biopharmaceutical company dedicated to pioneering new medicines through its innovative UbiPro platform. This platform leverages molecular glues and targeted protein degradation to address critical unmet needs in therapeutic areas such as neurodegenerative diseases, cardiovascular disorders, and metabolic dysfunction. By focusing on the Ubiquitin Proteasome System, Progenra aims to create first-in-class therapeutics that can redefine treatment paradigms and enhance patient care through its advanced drug discovery engine. The company is actively pursuing strategic partnerships to accelerate the development of its promising pipeline.

How much funding has Progenra raised?

Progenra has raised a total of $330K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$180K

Debt (2020): $150K with participation from PPP

Debt (2021): $180K led by PPP

Key Investors in Progenra

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Progenra?

With its substantial late-stage funding, Progenra is well-positioned to advance its pipeline of transformative therapies. The company's focus on targeted protein degradation and molecular glues aligns with emerging trends in drug discovery, suggesting a strong potential for future growth and market impact. Continued investment will likely fuel further research and development, clinical trials, and potential commercialization efforts, solidifying Progenra's role in addressing complex diseases.

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Frequently Asked Questions Regarding Progenra Financial Insights

What are the most recent funding rounds that Progenra has completed, and what were the funding rounds?
Progenra has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 3, 2020.
What is the total amount of funding Progenra has raised to date?
Progenra has raised a total of $330K in funding to date.
How many funding rounds has Progenra completed?
Progenra has completed 2 funding rounds.
How much funding did Progenra raise in its most recent funding round?
Progenra raised $180K in its most recent funding round.
Who are the lead investors in Progenra's latest funding round?
The lead investor in Progenra's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Progenra's history?
The largest funding round in Progenra's history was $180K.
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