Borealis Biosciences, Inc.

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Borealis Biosciences, Inc. - overview

Established

2024

Location

Vancouver, BC, Canada

Primary Industry

Biotechnology

About

Founded in 2024 by David Powell, and based in British Columbia, Canada, Borealis Biosciences, Inc. operates as a biotechnology research company that develops RNA drugs for treating kidney diseases. In December 2024, Borealis Biosciences raised USD 30 million in series A funding led by new investor Westlake Village BioPartners. Borealis Biosciences is a company focused on developing RNA medicines to address kidney diseases and potentially other conditions.


It was established based on the belief that recent scientific and translational advancements make RNA-based therapies viable for treating these diseases. The company is supported by Versant Ventures and Novartis AG, with whom it has a strategic collaboration. The company intends to use the December 2024 funding to advance its RNA-based therapeutic programs targeting kidney diseases.


Current Investors

Versant Ventures, Novartis, Westlake Village BioPartners

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Molecular Science, Genetics & Gene Therapy, Pharmaceutical Research & Development

Website

www.borealisbio.com

Company Stage

Series A

Total Amount Raised

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