Alcresta Lands $10,000,000 Series A Round

  • Feed Type
  • Date
    4/18/2012
  • Company Name
    Alcresta
  • Mailing Address
    One Newton Executive Park Newton, MA 02462
  • Company Description
    Alcresta is developing and commercializing innovative enzyme-based nutritional products that improve patient health and manage disease for infants, older adults and patients battling acute or chronic conditions.
  • Website
    http://www.alcresta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds from the financing will support Alcresta in leveraging its existing proprietary platform to discover and develop a broad range of enzyme-based nutritional products and medical devices designed to improve clinical outcomes, enhance quality of life and reduce health care costs.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Frazier Healthcare Ventures
  • Venture Investor
    Third Rock Ventures
  • Venture Investor
    Undisclosed