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Acelot announced it raised $6.5 Million in an amended filing from an offering of $6.5 Million

Apr 24, 20254 months ago

Amount Raised

$6.5 Million

South San FranciscoBiotechnology

Company Information

Company

Acelot

Location

329 OYSTER POINT BLVD #3

South San Francisco, California, United States

About

Acelot is treating functional protein misfolding diseases where the appropriate therapeutic mechanism is a restoration of the normal protein homeostasis. Functional misfolded proteins are found in various diseases such as ALS, FTD, Parkinson’s, diabetes and cancer. Acelot’s platform combines generative AI, molecular dynamics simulations and proprietary assays to discover small molecules that restore the homeostasis of misfolded proteins in various diseases. We have a pipeline of hit-to-lead discovery compounds across multiple indications, along with an IND-ready candidate for ALS. Our platform was invented by UCSB Computer Science Professor Dr. Ambuj Singh.

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