Biophysical Therapeutics
About this raise
Biophysical Therapeutics, with a valuation of $6.5 million, is raising funds on Wefunder. It is a computational biology platform company with a pipeline of experimentally-validated new drugs. Biophysical Therapeutics is currently trying to develop a drug to slow aging and has a patented drug that slows metabolic rate and aging in mice. The company aims to receive approvals for its drug and license it to cosmetic companies for profit share. Dr. Michael Forrest founded Biophysical Therapeutics in October 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for drug synthesis and operating expenses.
Investment Overview
Invested $63,690 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $135,000
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/29/2024 | Wefunder | $6,500,000 | $63,690 | SAFE | Funded | RegCF |