Gyroscope Therapeutics

company

About

Gyroscope Therapeutics is a clinical-stage gene therapy company focused on developing therapies and treating diseases of the eye.

  • 101 - 250

Details

Last Funding Type
Corporate Round
Last Funding Money Raised
$60M
Industries
Biotechnology,Genetics,Health Care,Therapeutics
Founded date
Jan 1, 2016
Number Of Employee
101 - 250
Operating Status
Active

Gyroscope is a clinical-stage gene therapy company focused on developing therapies and treating diseases of the eye.

The company explores the convergence of advancements made in the understanding of the complement system’s impact on eye disease, the genetic basis of Age-related Macular Degeneration (AMD), and gene therapy as a mode of treatment delivery. Its lead investigational gene therapy, GT005, is a one-time therapy delivered under the retina. GT005 is designed to restore balance to an overactive complement system by increasing the production of the Complement Factor I protein. GT005 is currently being evaluated in a Phase I/II clinical trial called FOCUS and Phase II clinical trials called EXPLORE and HORIZON.

Andrew Lotery, David Kavanagh, and Peter Lachmann co-founded Gyroscope Therapeutics in Stevenage, Herefordshire in 2016.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$60M £158.20M
Gyroscope Therapeutics has raised a total of $60M £158.20M in funding over 2 rounds. Their latest funding was raised on Nov 8, 2021 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 8, 2021 Corporate Round $60M 1 Sanofi Detail
Mar 26, 2021 Series C £107.80M 1 Detail
Sep 3, 2019 Series B £50.40M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Gyroscope Therapeutics is funded by 2 investors. Sanofi and Cambridge Innovation Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Sanofi Yes Corporate Round
Cambridge Innovation Capital Series C