Kasvu Therapeutics

Kasvu Therapeutics is a Helsinki-based biotechnology company founded in 2023 as a spinout of University of Helsinki research into BDNF/TrkB biology. It develops small-molecule positive allosteric modulators of the TrkB receptor, a new class of neuroplastogens designed to deliver the neuroplasticity benefits associated with psychedelics without hallucinogenic 5-HT2A activity, for neuropsychiatric and neurodegenerative disorders. Its lead candidate KTX-0141 is completing IND/CTA-enabling studies ahead of a planned Phase 1/1b trial in major depressive disorder, with clinical development expected to begin in the second half of 2027.

  • Series A
  • Biotechnology
  • Clinical Trials
  • Mental Health
  • Pharmaceuticals
  • Healthcare & Life Sciences

1

Round

1

Industry

5

Tags

Sep 24, 2026

Latest raise

Funding activity · 1 round

Raise timeline

  1. Sep 24, 2026

    EUR 34.1M

    Series A

    Led by Hadean Ventures

    • Finnish Drug Discovery Center
    • Hadean Ventures
    • Innovestor
    • Nordic Science Investments
    • Stephen Industries
    • Tesi
    • University of Helsinki Funds

    Article coming soon.

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