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Nuevocor Closes US$45 Million Series B Financing for Clinical Development of Novel Mechanobiology-Centered Therapy for Cardiomyopathy

  • Nuevocor, a biotechnology company based in Singapore at the IND stage, secured $45 million in a Series B fundraising round on May 6, 2025, to advance the development of its innovative treatment for cardiomyopathy.
  • This funding round occurred due to Nuevocor's focus on treating LMNA-related dilated cardiomyopathy, a severe genetic heart disease with rapid progression and no effective therapies.
  • The funds raised will enable the launch of an initial human Phase 1/2 clinical study of NVC-001, an AAV-based gene therapy targeting mechanobiological processes, with trial sites located throughout the U.S. And Europe.
  • NVC-001 showed strong preclinical results with high transduction, dramatic survival benefits, and a clean safety profile, while CEO Dr. Yann Chong Tan stated they are "delighted to secure this significant financing milestone."
  • The $45 million Series B funding round, led by Kurma Partners and Angelini Ventures joining as new investors, will enable Nuevocor to advance its lead candidate NVC-001 through early clinical trials and supports the company’s expansion into international markets, including Europe.
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Nuevocor Closes US$45 Million Series B Financing for Clinical Development of Novel Mechanobiology-Centered Therapy for Cardiomyopathy

– Round co-led by new investors, Kurma Partners and Angelini Ventures, with significant participation from existing investors EDBI, ClavystBio, and Boehringer Ingelheim Venture Fund

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Watauga Democrat broke the news in Calhoun, United States on Tuesday, May 6, 2025.
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