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- Accera
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
Inventages Venture Capital Investment
Wilmar International
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
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2018 | Undisclosed stage | Wilmar International (lead); Inventages Venture Capital Investment | $50M | Accera (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 2018 | Undisclosed stage | - | $18M | - |
| Oct 2013 | Undisclosed stage | - | $69M | Accera, 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAccera Competitors
Accera competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $65B | $28B | $1.0T | 13.1x | ||
| Publicly listed | $94B | $40B | $651B | 6.8x | ||
| Publicly listed | $61B | $17B | $467B | 8.1x | ||
| Publicly listed | $65B | $28B | $363B | 6.2x | ||
| Private | - | - | $12B | - | ||
| Private | $1.1B | - | $4.5B | 4.2x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all Accera competitors and their valuation data. Start Free Trial | ||||||||
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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