NewLimit Secures $45 Million Funding to Advance Longevity Research
In a significant boost for the field of longevity science, research company NewLimit has announced it has successfully raised $45 million in new funding. This capital is earmarked to support the company’s ambitious mission to reverse cellular aging and develop novel therapies. The round attracted a powerful syndicate of new investors, including Lilly Ventures, Duke University, Section 32, and Abstract. They join an established group of returning investors such as Kleiner Perkins, Dimension, Human Capital, and Boost VC, signaling strong market confidence in NewLimit’s scientific direction.
Epigenetic Breakthroughs Pave the Way for Clinical Trials
This latest financial milestone, which elevates NewLimit’s valuation to a remarkable $1.62 billion, arrives only five months after its previous Series B round. According to the company, the primary catalyst for this accelerated funding was a series of recent and significant breakthroughs in its core research. NewLimit’s team has made substantial progress in restoring youthful liver function by employing advanced epigenetic reprogramming methods. These developments are not just lab-based successes; they are a critical step toward real-world applications. Co-founder Jacob Kimmel shared via social media that these advancements have given NewLimit “the confidence to start planning clinical studies in the next few years,” marking a pivotal transition from research to clinical strategy.
Founded with a vision to fundamentally alter the course of aging, NewLimit, co-founded by Coinbase CEO Brian Armstrong, is focused on creating a new class of medicines. The company’s core approach involves developing epigenetic therapies that can effectively restore youthful function to aged cells. By targeting the very mechanisms that control cellular identity and age, NewLimit aims to move beyond treating symptoms and address the root causes of age-related decline. This $45 million in funding will be crucial in expanding its research capabilities and propelling its promising science toward human trials.
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