Encinitas, CA · Health Care · Form D filed Aug 10, 2026
Prana Therapies, Inc. raised $40.2M
Prana Therapies, Inc. is a biotechnology company based in Encinitas, California. In a Form D filed with the SEC on August 10, 2026, it reported raising $40,226,932 from 9 investors as part of an offering of up to $40,226,932. The first sale in the offering took place on November 25, 2025.
Clinical-stage biotechnology company pioneering multispecific antibodies via INSPIRE platform. Advancing PRA-216 for respiratory & dermatologic diseases.
- 2nd Form D since 2024. Earlier new notices: Jul 19, 2024. All filings on EDGAR
$45.2M raised since 2020
2 Form D offerings, as reported to the SEC, the first in Jul 19, 2024. Amendments update a round; they aren't counted twice.
| Filed | Sold | Offering size | Investors |
|---|---|---|---|
| Aug 10, 2026 | $40.2M | $40.2M | 9 |
| Jul 19, 2024 | $5M | $9M | 2 |
Lead score
31 out of 100
early raise budget to spend website found
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Filing details
- Website
- pranatherapies.com
- Amount raised
- $40,226,932
- Offering size
- $40,226,932
- Investors so far
- 9
- First sale
- November 25, 2025
- Securities offered
- Equity, Options or warrants, Securities issuable on exercise or conversion
- Exemption claimed
- Rule 506(b)
- Industry
- Biotechnology
- Headquarters
- Encinitas, California
- Incorporated
- Delaware, 2021
- Entity type
- Corporation
Filings
| Filed | Form | Raised | Offering size | Investors | Source |
|---|---|---|---|---|---|
| D (new notice) | $40,226,932 | $40,226,932 | 9 | SEC filing |
Figures come from the company's own filing with the SEC and are shown as reported. How to read a Form D.
Updated · Raises in the week of Aug 10, 2026 · Health Care funding in California · August 2026 funding report
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