Circular Genomics raised a $ 8.3M A-round
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Circular Genomics is proud to announce the successful $8.3 Million Series A funding round, a pivotal step in advancing precision medicine for mental health.

Our portfolio company Circular Genomics raised a $ 8.3M A-round. The round is led by Mountain Group Partners. This round also welcomes new investor UNM Rainforest Innovations and existing investors including Cottonwood Technology Fund, Tramway Venture Partners, and other undisclosed individuals.

Circular Genomics has secured new funding to build and expand its operations for the launch of the world’s first circular RNA-based clinical assay. This innovative test aims to enhance the standard of care in depression treatment by predicting a patient’s likelihood to respond to antidepressant medications. The company plans to launch its first test in 2024, focusing on predicting the response to SSRI antidepressants. The goal is to address high therapy failure rates and improve clinical outcomes in depression treatment. The funding will support the development of Circular Genomics’ circular RNA biomarker platform, paving the way for personalized care in mental health and expanding into other neurological diseases. The company aims to lead the way in precision medicine for mental health, tailoring treatments to individual patients and improving overall outcomes in complex conditions.

Circular Genomics is a spin-off of The University of New Mexico and developed diagnostics for psychiatric and neurological disorders based on the analysis of circular RNAs. The Albuquerque-based firm raised $4.5 million in seed funding in late 2021.

Circular Genomics Raises $8.3 Million for Debut of Circular RNA Assay in Precision Psychiatry

 

 

Sencure
We are gladly having Cottonwood Technology Fund on board as lead investor. They are very supportive on aligning strategy and execution. The first year they ...
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Jurryt Vellinga, CEO
Sencure BV
We are gladly having Cottonwood Technology Fund on board as lead investor. They are very supportive on aligning strategy and execution. The first year they brought in already 8 corporates as potential customer. We are surprised every time about their extensive entrepreneurial mindset, business experience and global network of Cottonwood. They have been very smart people and 24/7 supportive.
Sencure
Jurryt Vellinga, CEO
Sencure BV
BayoTech
We would not exist, or certainly not in New Mexico, if it were not for Cottonwood. Until Cottonwood got involved we struggled to get attention ...
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Justin Eisenbach, President and CEO
Bayotech Corp
We would not exist, or certainly not in New Mexico, if it were not for Cottonwood. Until Cottonwood got involved we struggled to get attention from other capital providers. Cottonwood has been a real catalyst, beyond their money, to upgrading our management team, opening doors to potential strategic investors and customers and focusing on our market entry strategy. Cottonwood has been a great partner in driving our success in every area. I truly believe they wake up every day looking for ways and ideas that can support our success.
BayoTech
Justin Eisenbach, President and CEO
Bayotech Corp
Skorpios Technologies, Inc.
Cottonwood began working with me a year before they closed their first fund. Even though they weren’t initially in a position to invest they...
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Steve Krasulick, President & CEO
Skorpios Technologies
Cottonwood began working with me a year before they closed their first fund. Even though they weren’t initially in a position to invest they still opened doors to potential investors and customers, and assisted with the fund raising strategy and execution plan. Once their fund was closed they took an aggressive lead role in pulling together our first round and helping us launch the company. Now after having raised almost $150M they continue to support our growth, provide valuable advice and open doors to additional resources as we need them. We have been fortunate to have Cottonwood as a partner in building our company.
Skorpios Technologies, Inc.
Steve Krasulick, President & CEO
Skorpios Technologies