We're excited to share that Remepy has successfully raised a $10M Seed round, bringing their total funding to $15M.
We are thrilled to be part of this company's journey as their pre-seed investors and to participate in this round as well.
A big welcome to the new funds joining, NFX that led the round joined by Vine Ventures, L.P., PsyMed Ventures, Supernode Ventures, and Firstime VC. A big shoutout to the existing investors TechAviv, 97212 Ventures, StageNext Fund, Samsung Next and all the angels on board.
Another big welcome to Dr. Danny Bar Zohar, Merck’s Global Head of R&D and Chief Medical Officer, who has joined Remepy's board. His expertise will undoubtedly propel the company's mission forward.
Dr. Bar Zohar is joining world-class personas who are already on Remepy's scientific, advisory and company's board such as Former PM Naftali Bennett, Prof. Michal Schwartz, Jessica J. Federer and Jonathan MacQuitty.
Remepy is pioneering the "hybrid drugs" category. The company's hybrid drug combine traditional drugs with its “digital molecules.” Digital molecules are therapeutic interventions that trigger physiological effects (aka MOAs, Mechanisms of Action) through the brain. These physiological changes have been known to enhance the effectiveness of traditional drugs.
Hats off to Michal Tsur, Or Shoval, Prof. Amir Amedi, Shahar Shelly M.D and the entire Remepy team for reaching finalizing this round and reaching this important milestone. Your dedication and innovative approach are reshaping the pharma and health industries and has incredible potential to improve patient outcomes.
For more details on how Remepy is pioneering the hybrid drug category and to learn more about the science behind it, visit Remepy's website (link in the comments)
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