{"id":1738,"date":"2023-03-12T13:54:13","date_gmt":"2023-03-12T13:54:13","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=1738"},"modified":"2023-03-12T14:04:28","modified_gmt":"2023-03-12T14:04:28","slug":"quralis-raises-88-million-in-series-b-funding-round-led-by-multiple-investors","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/quralis-raises-88-million-in-series-b-funding-round-led-by-multiple-investors\/","title":{"rendered":"QurAlis Raises $88 M in Series B Funding Round Led by Multiple Investors"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-115.png\" alt=\"\" class=\"wp-image-1740\" width=\"204\" height=\"204\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-115.png 313w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-115-300x300.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-115-150x150.png 150w\" sizes=\"(max-width: 204px) 100vw, 204px\" \/><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/quralis.com\/\">QurAlis<\/a>, a biotechnology startup based in Cambridge, MA, has raised $88 million in a Series B funding round. The Funding was led by <a href=\"http:\/\/www.dolbyventures.com\/\">Dolby Family Ventures <\/a>and <a href=\"https:\/\/eqtgroup.com\/private-capital\/life-sciences\/\">EQT Life Sciences<\/a>, with participation from<a href=\"https:\/\/www.inkef.com\/\"> Inkef<\/a>, <a href=\"https:\/\/droiaventures.com\/\">Droia Ventures<\/a>, <a href=\"https:\/\/www.missionbaycapital.com\/\">Mission Bay Capital<\/a>, <a href=\"https:\/\/mitsui-global.com\/portfolio-item\/ensem\/\">Mitsui &amp; Co. Global Investment Ltd.<\/a>, <a href=\"https:\/\/svhealthinvestors.com\/funds\/the-dementia-discovery-fund\">Dementia Discovery Fund (DDF)<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/missionbiocapital\/about\/\">Mission BioCapital<\/a>, <a href=\"https:\/\/polarispartners.com\/polaris-innovation-fund\/\">LS Polaris Innovation<\/a>, <a href=\"http:\/\/www.alsinvestmentfund.com\/\">ALS Investment Fund<\/a>. They develop precision therapeutics for ALS, a terminal disease that causes muscle paralysis through degeneration of the motor system. The company aims to tackle specific disease-causing mechanisms to develop therapies. These therapies can significantly impact the lives of ALS patients and their families.  <\/p>\n\n\n\n<p>QurAlis discover precision therapeutics for amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig&#8217;s disease. ALS is a terminal disease that causes muscle paralysis through degeneration of the motor system, and there is currently no cure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"475\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-554-1024x475.png\" alt=\"The About Us Page of QurAlis\" class=\"wp-image-1741\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-554-1024x475.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-554-300x139.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-554-768x356.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-554.png 1328w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>QurAlis is taking a unique approach to tackling ALS by digging deep into the root causes of the multiple sub-forms of the disease. The company&#8217;s programs focus on developing therapies targeting disease-causing mechanisms. This precision approach has the potential to make a significant impact on the lives of ALS patients and their families. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"483\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-553-1024x483.png\" alt=\"The Leadership Team image of QurAlis\" class=\"wp-image-1742\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-553-1024x483.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-553-300x141.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-553-768x362.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-553.png 1300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The Funding will be used to advance QurAlis&#8217; pipeline of therapeutics for ALS. Furthermore, it includes both small molecule and gene therapy approaches. QurAlis has a team of world-class scientists and researchers working tirelessly to develop innovative treatments for ALS.<\/p>\n\n\n\n<p>Visit us for the latest Funding round: <a href=\"https:\/\/founderlodge.com\/round\/QurAlis-raises-88000000-Series-B-2023-03-10-Kasper-Roet-MTA2MDg\">https:\/\/founderlodge.com\/round\/QurAlis-raises-88000000-Series-B-2023-03-10-Kasper-Roet-MTA2MDg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>QurAlis, a biotechnology startup based in Cambridge, MA, has raised $88 million in a Series B funding round. The Funding was led by Dolby Family Ventures and EQT Life Sciences, with participation from Inkef, Droia Ventures, Mission Bay Capital, Mitsui &amp; Co. Global Investment Ltd., Dementia Discovery Fund (DDF), Mission BioCapital, LS Polaris Innovation, ALS [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[379,389,77],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>QurAlis Raises $88 M in Series B Funding Round Led by Multiple Investors - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"QurAlis, a biotechnology startup based in Cambridge, MA, has raised $88 million in a Series B funding round. 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