Overview

NewLimit develops medicines aimed at extending human healthspan by reprogramming aging cells' epigenomes. This process involves changing the chemical modifications on DNA and histone proteins to restore youthful functions in old cells, focusing on diseases related to aging, particularly in the immune system and liver. The company utilizes advanced technologies like single-cell genomics and machine learning to identify aging markers and create interventions that reverse these changes. Unlike many competitors, NewLimit's approach is centered on epigenetic reprogramming, which could lead to a new class of medicines for age-related conditions. The goal is to significantly increase the duration of life spent in good health, serving healthcare markets including pharmaceutical companies and individual consumers seeking anti-aging solutions.

Simplify's Take

What believers are saying

• Increased interest in epigenetic reprogramming boosts NewLimit's market potential.
• Machine learning aids in identifying novel drug candidates for age-related diseases.
• FDA's favorable stance on aging therapies accelerates NewLimit's market entry.

What critics are saying

• Rapid biotech advancements could render NewLimit's technologies obsolete without continuous innovation.
• Ethical concerns and regulatory scrutiny may delay product approvals.
• Competition from similar biotech firms could impact NewLimit's market share.

What makes NewLimit unique

• NewLimit focuses on epigenetic reprogramming to extend human healthspan.
• The company uses single-cell genomics and machine learning for drug discovery.
• NewLimit targets age-related diseases with unmet needs, like immune system and liver rejuvenation.

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Funding

Total Funding

$38.9M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

Kleiner PerkinsFounders Fund

Notable Investors:

Kleiner PerkinsFounders Fund

$40,000,000

Series A

May 2023

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$40M

$100M