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- Neurophth Therapeutics
Neurophth Therapeutics Funding, Investors & Competitors
Neurophth Therapeutics has raised $237M across 4 funding rounds, most recently a $97M Series C in August 2023.
Last Neurophth Therapeutics funding round
$97M
Series C · Aug 2023
Cumulative funding Neurophth Therapeutics raised
$237M
across 4 funding rounds
Key investors in Neurophth Therapeutics
HSG
CMB International Capital Corporation
Fosun International
CMG-SDIC Capital Management
Northern Light Venture Capital
Oriza Holdings
SDIC Fund Management
Harvest Capital
About Neurophth Therapeutics
Neurophth Therapeutics develops gene therapies as China's first company dedicated to ophthalmic diseases. The clinical-stage biotech targets blindness-causing conditions like Leber hereditary optic neuropathy globally. Based in Wuhan, the firm advances AAV-based vectors through international trials.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Neurophth Therapeutics Funding History
Neurophth Therapeutics has raised a total of $237M across 4 funding rounds.
Neurophth Therapeutics' first fundraising round was a $18M Series A in April 2020. The most recent completed round was a $97M Series C in August 2023.
Neurophth Therapeutics funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2023 | Series C | CMB International Capital Corporation (lead); Guangzhou Finance Holdings (lead); Optics Valley Financial Holdings (lead); Wuhan High-Tech (lead); Wuhan optics valley health (lead); Zhejiang Paradise; SDIC Fund Management; BGI Group; CMG-SDIC Capital Management; Fosun International; Changjiang Industrial Investment Group; HSG | $97M | Neurophth Therapeutics is a China-based company developing gene therapy solutions for eye diseases. In August 2023, it announced a funding round of approximately US$100 million (nearly 700 million yuan or $97.7 million) in its Series C+ round, with investors including CMB International Capital Corporation, Guangzhou Finance Holdings, Optics Valley Financial Holdings, Wuhan High-Tech, and Wuhan Optics Valley Health, among others listed in the query. Lead investors were CMB International Capital Corporation, Guangzhou Finance Holdings, Optics Valley Financial Holdings, Wuhan High-Tech, and Wuhan Optics Valley Health. Proceeds from the financing are designated for advancing clinical trials of Neurophth's core products, enhancing R&D capabilities, and expanding its pipeline. In early 2023, the company's leading candidate NR082 (rAAV2-ND4) achieved a milestone as the first gene therapy drug to complete patient enrollment for a Phase III clinical trial in China. This underscores Neurophth's position in ophthalmology biotech, particularly in gene therapies for ocular conditions. The company operates in a competitive ophthalmology sector with increasing investments. |
| Nov 2021 | Series C | CMG-SDIC Capital Management (lead); HSG (lead); Sunshine Insurance Group; CMB International Capital Corporation | $60M | Neurophth Therapeutics Ltd. is a fully integrated genomic medicines company focused on developing gene therapies, particularly AAV-based therapies for ophthalmic diseases to improve patients' lives through curative potential. The company, founded in 2016 and headquartered in Wuhan, China, emphasizes core values of Honesty, Ownership, Patient-first, and Excellence (HOPE). Its product candidates target genetic diseases, with core product NFS-01 having entered registered clinical trials in China by late 2021, alongside programs for ND1-mediated LHON (in clinic in China), glaucoma, and diabetic retinopathy (late preclinical). On November 23, 2021, Neurophth closed over $60 million USD in Series C financing, co-led by CMG-SDIC Capital and Sequoia Capital China, with participation from a syndicate including investors like Sunshine Insurance Group. This round validates the company's AAV technology and in-house cGMP platforms, funding advancements in gene therapy pipeline, technological innovation, industrialization, and bringing safe, effective, affordable drugs to patients. CEO Alvin Luk highlighted promising programs and discussions for expanding R&D to extra-ocular diseases and licensing products outside China. Neurophth operates in a competitive biotech landscape with rivals like Kriya Therapeutics, Rezolute, Aviceda Therapeutics, EyePoint Pharmaceuticals, and Molecular Partners. Aggregate funding across six rounds totals approximately $125 million, reflecting investor confidence, though specific details for prior rounds like a $63 million Series C in 2018 are noted separately. The 2021 financing supports clinical progression and platform improvements amid growing interest in ophthalmic gene therapies. |
| Feb 2021 | Series B | Guofang Capital (lead); InnoVision Capital (lead); Northern Light Venture Capital; Harvest Capital; Grand Mount Capital; Oriza Holdings; HSG | $62M | - |
| Apr 2020 | Series A | Fosun International (lead); HSG (lead) | $18M | - |
Who has invested in Neurophth Therapeutics?
19 investors have backed Neurophth Therapeutics across its funding rounds, including HSG, CMB International Capital Corporation, Fosun International, CMG-SDIC Capital Management, Northern Light Venture Capital and Oriza Holdings.
Lead investors include CMB International Capital Corporation, Guangzhou Finance Holdings, Optics Valley Financial Holdings, Wuhan High-Tech, Wuhan optics valley health and 5 other investors.
Neurophth Therapeutics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Apr 2020 | ||
| 2 | Lead | Nov 2021 | ||
| 2 | Lead | Apr 2020 | ||
| 2 | Lead | Nov 2021 | ||
| 1 | Lead | Aug 2023 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Lead | Aug 2023 | ||
| 1 | Lead | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Lead | Feb 2021 | ||
This data is available for Pro users. Sign up to see all 19 Neurophth Therapeutics investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialNeurophth Therapeutics Competitors
Neurophth Therapeutics competitors include listed companies like Roche, Johnson & Johnson and Illumina, and private ones like ArsenalBio, Heyuan Biotechnology and EverlyWell.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $77B | $26B | $351B | 4.9x | ||
| Private | - | - | $1.9B | - | ||
| Publicly listed | $94B | $40B | $651B | 6.8x | ||
| Publicly listed | $4.3B | $1.4B | $37B | 8.4x | ||
| Private | - | - | $3B | - | ||
| Private | $100M | - | $1.3B | 13.0x |
Neurophth Therapeutics Public Comps
Neurophth Therapeutics is still privately-owned, but its public comps include Samsung, Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Thermo Fisher Scientific and Siemens.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $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 | |||
This data is available for Pro users. Sign up to see all Neurophth Therapeutics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Neurophth Therapeutics
| When was Neurophth Therapeutics founded? | Neurophth Therapeutics was founded in 2016. |
| Where is Neurophth Therapeutics headquartered? | Neurophth Therapeutics is headquartered in Wuhan, China. |
| Is Neurophth Therapeutics publicly listed? | No, Neurophth Therapeutics is a private, VC-backed company. |
| How much funding has Neurophth Therapeutics raised? | Neurophth Therapeutics has raised $237M across 4 funding rounds. |
| What was Neurophth Therapeutics' last funding round? | Neurophth Therapeutics' last funding round was a $97M Series C in August 2023, led by CMB International Capital Corporation, Guangzhou Finance Holdings, Optics Valley Financial Holdings, Wuhan High-Tech and 1 other investor. |
| Who are Neurophth Therapeutics' investors? | Neurophth Therapeutics' investors include HSG, CMG-SDIC Capital Management, Fosun International, CMB International Capital Corporation, Optics Valley Financial Holdings, Sunshine Insurance Group, Guangzhou Finance Holdings, Wuhan High-Tech, Zhejiang Paradise, SDIC Fund Management and 9 others. |
| Which companies are comparable to Neurophth Therapeutics? | Companies comparable to Neurophth Therapeutics include Roche, ArsenalBio, Johnson & Johnson, Illumina, Heyuan Biotechnology and EverlyWell. |
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