Lucy Therapeutics Raised $12.5M Funding

Adin Ermie

Massachusetts-based, Lucy Therapeutics, a bio-tech startup raised $12.5 million led by Safar Partners and Engine Ventures in funding.

The round was actively backed by the Parkinson’s UK, Bill Gates, and Michael J. Fox Foundation. They also provide a non-dilutive grant of  $2 million.

CEO Lucy Therapeutics, Amy Ripka said in a media breefing that the raised funds will be used for advance research in Parkinson’s and Alzheimer’s diseases and expansion. 

Moreover, Lucy Therapeutics has more than 3 programs in pipeline   for advance drugs discovery, also IND filings planed for 2025.

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