AviadoBio is focusing on neurodegenerative diseases and has emerged from stealth with nearly $100m in total from investors including Johnson & Johnson Innovation – JJDC.

UK-based neurodegenerative gene therapy developer AviadoBio picked up $80m yesterday in a series A round featuring Johnson & Johnson Innovation – JJDC, a subsidiary of medical product group Johnson & Johnson

The round was co-led by New Enterprise Associates and Monograph Capital and included investment and financial services group Fidelity’s F-Prime Capital subsdidiary, LSP, Advent Life Sciences, Dementia Discovery Fund (DDF) and LifeArc.

Founded in 2019, AviadoBio is working on gene therapies for neurodegenerative conditions including frontotemporal dementia (FTD) and…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.