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Ceretype Neuromedicine Inks $2M Seed Round

2024-01-04
CAMBRIDGE, MA, Ceretype Neuromedicine, a pioneer in the practical application and integration of functional MRI (fMRI), announced today that it has closed its second round of seed financing.
Ceretype Neuromedicine's $2 million funding target was oversubscribed. The round was led by Cedar Street Group, LLC, an early-stage venture and seed financing fund based in Westchester, NY. Other participants include Leafy Tunnel, The One Mind Accelerator and several private investors.

Ceretype has pioneered the practical application & integration of fMRI in neuropsychiatric drug development and beyond. Our uniquely scalable end-to-end platform makes targeted biomarkers accessible, delivering actionable evidence to improve drug discovery and, ultimately, patient care. Through its superior technical approach and its unique ability to sub-type and classify the human brain on a neurobiological level, Ceretype offers novel, precise, biologically-based therapeutic insights.
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