Accera Funding, Investors & Competitors

Accera has raised $137M across 3 funding rounds, most recently a $50M undisclosed-stage round in October 2018.

Last Accera funding round

$50M

Undisclosed stage · Oct 2018

Cumulative funding Accera raised

$137M

across 3 funding rounds

Key investors in Accera

Accera Overview

About Accera

Accera is a Broomfield, Colorado-based biopharmaceutical company developing therapies for neurodegenerative diseases including Alzheimer's and Parkinson's. Its lead product, Ketasyn, targets age-associated memory impairment by enhancing brain energy metabolism. Founded in 2001, Accera advances clinical-stage molecules through partnerships with academic institutions and conducts trials in the U.S. and Europe. The firm focuses on synaptic health restoration using proprietary pyrroloquinoline quinone formulations.


Founded

2001

HQ

United StatesDenver, CO

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Accera Funding History

Accera has raised a total of $137M across 3 funding rounds.

Accera's first fundraising round was a $69M undisclosed-stage round in October 2013. The most recent completed round was a $50M undisclosed-stage round in October 2018.

Accera funding rounds

Accera funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2018Undisclosed stageWilmar International (lead); Inventages Venture Capital Investment$50MAccera (operating under the new name Cerecin) secured US$50 million in the first close of a funding round led by Wilmar Ventures, a wholly owned subsidiary of agribusiness group Wilmar International, in October 2018. Co-investors included Inventages, a life sciences and healthcare-focused private equity fund backed by the Nestlé Group. The funding consisted of both equity investment and non-dilutive grants. Accera is a brain health-focused pharmaceutical firm developing treatments for neurological conditions, with a focus on dementia and cognitive decline. The company announced plans to use the funding for global drug development activities and the Asia-Pacific launch of Axona, a medical food for the dietary management of persons living with Alzheimer's disease. The investment was framed as strategic for Wilmar due to the rapidly aging population across the Asia-Pacific region, particularly in China, and potential synergies in manufacturing, research and development, and commercialization between Wilmar, Cerecin, and Nestlé. Following this funding round, Accera relocated its global headquarters to Singapore, reflecting confidence in Singapore's biomedical research capabilities and regulatory environment.
Mar 2018Undisclosed stage-$18M-
Oct 2013Undisclosed stage-$69MAccera, Inc. is a biotechnology company focused on developing therapies for central nervous system diseases, particularly neurodegenerative disorders like Alzheimer's, using a proprietary platform that addresses metabolic deficiencies by providing alternative energy sources for the brain. Its lead product, Axona (previously Ketasyn), was set for U.S. launch in Q1 2009 to treat such conditions. Earlier funding included a Series C round of $35 million led by Inventages Venture Capital, joined by POSCO BioVentures and prior investors, to support sales and marketing of Axona. A second round raised $7.5 million led by Inventages for mid-stage trials. Around October 2013, Accera held meetings with potential investors from October 3 to 10, as noted in SEC filings. The company continued advancing its pipeline, including AC-1204, a compound similar to Axona, with a Phase 3 study completing enrollment by May 2016 and topline data expected in December that year. Accera later reinvented itself, dropping Axona marketing, reducing staff from over 100 to under 20, relocating to Boulder, Colorado, and planning workforce expansion while pursuing additional Phase 3 trials internationally. Competitive context includes challenges in Alzheimer's drug development, with no new U.S. approvals since 2003, and rivals like TauRx preparing Phase 3 data announcements.

Who has invested in Accera?

2 investors have backed Accera across its funding rounds, including Inventages Venture Capital Investment and Wilmar International.

Lead investors include Wilmar International.


Accera Investors

Investors in Accera by funding rounds participated
InvestorHQRoundsRoleFirst check

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Accera Competitors

Accera competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.

Public and private companies comparable to Accera
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x
AbbVieUnited StatesUnited StatesPublicly listed$61B$17B$467B8.1x
MerckUnited StatesUnited StatesPublicly listed$65B$28B$363B6.2x
Biosplice TherapeuticsUnited StatesSan Diego, CAPrivate--$12B-
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x

Accera Public Comps

Accera is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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Common questions about Accera

When was Accera founded?Accera was founded in 2001.
Where is Accera headquartered?Accera is headquartered in Denver, CO, United States.
Is Accera publicly listed?No, Accera is a private, VC-backed company.
How much funding has Accera raised?Accera has raised $137M across 3 funding rounds.
What was Accera's last funding round?Accera's last funding round was a $50M undisclosed-stage round in October 2018, led by Wilmar International.
Who are Accera's investors?Accera's investors include Inventages Venture Capital Investment and Wilmar International.
Which companies are comparable to Accera?Companies comparable to Accera include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics.

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