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Kasvu Therapeutics

Helsinki, Finland

series-a$34.4M raisedFreshly fundedBiotechDrug DiscoveryMental Health

Total Raised

$34.4M

Stage

series-a

Location

Helsinki, Finland

Founded

2023

Team size

1-10

Links

About Kasvu Therapeutics

Finnish biotech developing a TrkB-targeting small molecule antidepressant designed to replicate psychedelic neuroplasticity benefits without hallucinogenic effects.

What sets it apart

It targets TrkB directly with a selective small molecule designed to deliver rapid, long-lasting antidepressant effects without hallucinogenic side effects.

Sectors

BiotechDrug DiscoveryMental Healthneuroscience

Business

Modelbiotech

CustomerBiopharma partners, clinicians, and ultimately patients with major depressive disorder and other neuropsychiatric disorders

Notable

  • Raised €30 million Series A led by Hadean Ventures on 2026-09-24
  • Advanced lead program KTX-0141 toward IND/CTA-enabling studies and planned clinical development
  • Described as a University of Helsinki spinout

Backing funds on Raise

Funding rounds

series-a$34.4M

24 Sept 2026

Led by Hadean Ventures

With Tesi, Finnish Drug Discovery Center, Stephen Industries, Innovestor Life Science Fund, Nordic Science Investments, Helsinki University Funds

Source ↗

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FAQ

What does Kasvu Therapeutics do?

Finnish biotech developing a TrkB-targeting small molecule antidepressant designed to replicate psychedelic neuroplasticity benefits without hallucinogenic effects.

Where is Kasvu Therapeutics based?

Kasvu Therapeutics is based in Helsinki, Finland, founded in 2023.

How much has Kasvu Therapeutics raised?

Kasvu Therapeutics has raised $34.4M in tracked funding and is currently at the series-a stage.

Who has invested in Kasvu Therapeutics?

Investors in Kasvu Therapeutics include Hadean Ventures, Tesi, Innovestor Life Science Fund, Nordic Science Investments, Finnish Drug Discovery Center Ltd, Stephen Industries and University of Helsinki Funds.