Fundraising

Crystalys Therapeutics

Crystalys Therapeutics Raises $205M in Series A

2023
Founded
60+
Employees
San Diego, CA
2 min read

Quick Facts

Crystalys Therapeutics Raises $205M in Series A


Crystalys Therapeutics has successfully raised $205M in a Series A at a $800M valuation led by Novo Holdings, SR One, Catalys Pacific.


Company Overview


Crystalys Therapeutics is a Biotech company headquartered in San Diego, CA, founded in 2023 with 60+ employees.


Biopharma company developing treatments for gout


Fundraising Details


  • Amount Raised: $205M
  • Round Type: Series A
  • Valuation: $800M
  • Date: 2025-10-03
  • Investors: Novo Holdings, SR One, Catalys Pacific

About Crystalys Therapeutics


Biopharma company developing treatments for gout The company is positioned in the Biotech sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: San Diego, CA
  • Founded: 2023
  • Team Size: 60+
  • Industry: Biotech

What This Means


This funding round demonstrates strong investor confidence in Crystalys Therapeutics's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The Biotech sector continues to attract significant investment as companies innovate to meet evolving market demands. Crystalys Therapeutics's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $800M valuation marks an important milestone for Crystalys Therapeutics, positioning the company among notable players in the Biotech industry.


Looking Ahead


With this new capital, Crystalys Therapeutics is well-positioned to execute on its growth strategy and continue building innovative solutions in the Biotech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2025-10-03. For more information about Crystalys Therapeutics, visit their headquarters at San Diego, CA.

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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news