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Cerecin

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Healthcare company that develops a novel evidence-based therapeutics, and products that aim to help people

Denver, United StatesFounded 2001Biotech & Life Sciences
Valuation $25–50M Last recorded · 2022
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Cerecin

Cerecin is a clinical-stage biotechnology firm focused on developing therapeutics for neurological and brain health disorders. Founded in 2001 as Accera, Inc., and later rebranding to Cerecin, the company pioneers research in neuro-metabolism. Its scientific founder, Dr. Samuel Henderson, holds a Ph.D. in Molecular Genetics and has over 15 years of experience in neurodegenerative disease research. The company is led by President and CEO, Dr. Charles Stacey, a former trauma and reconstructive surgeon with a background in neuroscience and over 20 years of experience in healthcare as a provider, executive, and investor. In 2018, Cerecin relocated its headquarters from Colorado, USA, to Singapore to be closer to its manufacturing partners, clinical trial sites, and key target markets in Asia.

The company's business model is centered on the drug development and eventual commercialization of its pipeline assets, with a separate strategy for its medical food product conducted through partners, primarily in Asia. Cerecin's primary focus is on developing its lead drug candidate, tricaprilin (also known as CER-0001), for a range of neurological conditions. This investigational oral drug is a medium-chain triglyceride designed to induce ketosis, providing an alternative energy source for brain cells that have impaired glucose metabolism, a characteristic feature of many neurological diseases. The brain's reduced ability to use glucose is a known factor in Alzheimer's disease, and by providing ketones as a fuel, tricaprilin aims to address this metabolic deficit. This approach is distinct from many other Alzheimer's treatments that have focused on the amyloid hypothesis. Cerecin's research has indicated that tricaprilin may be particularly effective in patients who are non-carriers of the APOE4 gene, a genetic profile more common in Asian populations.

Cerecin is advancing tricaprilin through multiple clinical trials for various indications. The company is planning a global Phase 3 study for its use in mild to moderate Alzheimer's disease. It has also received Orphan Drug and Rare Pediatric Disease designations from the U.S. FDA for tricaprilin in the treatment of infantile spasms and is conducting studies for migraine prevention. Beyond its lead drug, Cerecin markets a medical food product called Axona® for the dietary management of Alzheimer's disease and is developing other assets, including CER-022, a radiolabeled ketone body for diagnostic imaging. The company has secured significant funding from a syndicate of investors, including long-term partners Nestlé and Wilmar International, to support its extensive research and development activities.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2001
Headquarters
Denver, United States
Employees
35
Open positions
None listed
Dealroom signal
38.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Neurology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Aug 2022 $40M $160M SK Securities · KT Investment ↗
SERIES AOther financing Oct 2021 $40M $160M KT Investment · IBK Capital · KB Financial Group · Medici Investment —
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Growth signals

Cerecin website traffic

Latest recorded traffic for Cerecin is 680 monthly website visits, up 0% over the last three months. Cerecin's team grew 0% over the past year.

Latest monthly visits680 3-month web change0% 1-year team growth0%
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Closest operating peers by Dealroom taxonomy

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Zhimeng BiopharmaDiscovering and developing the most effective, safe and affordable drugs to improve the quality of life of patients in China and abroad Huangpu, China Operational
AstronauTxSmall-molecule therapeutics targeting astrocytes for neurodegenerative diseases Reading, United Kingdom Operational
EncefaDevelops biologics that specifically modulate a key age-related target, to fight neurodegenerative, auto-immune, and more broadly age-related diseases Paris, France Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

  • KT Investment
  • IBK Capital
  • KB Financial Group
  • Medici Investment
  • M Capital Partners
  • Partners Investment
  • Shinhan Investment Corporation
  • Hana Financial Investment
  • SK Securities
  • Arche investment
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇸🇬 Singapore33.3%
🇺🇸 United States20.8%
🇦🇺 Australia16.7%
🇰🇷 South Korea12.5%
🏳️ Bahamas4.2%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cerecin on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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