Allyx Therapeutics

New Haven, CT · Founded 2018 · Privately Held (backing)

Developer of a therapeutic drug designed to reverse neurodegeneration. Allyx Therapeutics is based in New Haven, CT and was founded in 2018. Its last reported valuation was $32.3 million in Feb 2023. It has raised $13.2 million across 4 recorded rounds; the latest was a $26.4 million early-stage round in May 2026.

Last reported valuation
$32.3M
Oct 2026
Priced at
—
Total raised
$13.2M
Last round
Early Stage VC
May 2026
How much has Allyx Therapeutics raised?
$13.2Macross 4 recorded rounds · May 2021 – May 2026

Most recently, Allyx Therapeutics raised $26.4M in its Early Stage VC (May 2026).

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Allyx Therapeutics round by round

4 rounds
May 2026Early Stage VC$26.4MSEC filing▮
32 investors participated
Feb 2026Seed Round$3.3MSEC filing▮
12 investors participated
Feb 2023Seed Round$2.3MSEC filing▮
11 investors participated
May 2021Early Stage VC$7.6MSEC filing▮
10 investors participated

How much has Allyx Therapeutics raised?

Allyx Therapeutics has raised $13.2 million across 4 recorded rounds since 2021. The largest was a $7.6 million early-stage round in May 2021; the most recent was a $26.4 million early-stage round in May 2026.

Allyx Therapeutics has filed 2 Form Ds with the SEC since 2021, most recently in Feb 2023 ($2.3 million sold to 11 investors).

Allyx Therapeutics investors

10 investors are on record for Allyx Therapeutics, including National Institutes of Health, Connecticut Innovations, Bristol-Myers Squibb and Spring Mountain Capital. The early-stage round in May 2026 drew 32 investors.

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10 investors have backed Allyx Therapeutics.

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Frequently asked about Allyx Therapeutics

How much has Allyx Therapeutics raised?
Allyx Therapeutics has raised $13.2M in total across 4 recorded funding rounds.
When was Allyx Therapeutics's last funding round?
Allyx Therapeutics's most recent recorded round was Early Stage VC in May 2026, raising $26.4M.