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tisento

Von-Stephan-Straße 14, Meschede, Nordrhein-Westfalen, 59872, Germany

Overview

Tisento launched with a focused pipeline centered on zagociguat, a first-in-class, brain-penetrant soluble guanylate cyclase (sGC) stimulator that showed promising Phase 2a biomarker and safety data in MELAS. The company plans to advance zagociguat into a Phase 2b study in MELAS and to develop additional assets for serious diseases with unmet need. Tisento acquired zagociguat and CY3018 (a CNS-targeted sGC stimulator in IND-enabling studies) from Cyclerion as part of an asset purchase agreement. The company closed an $81 million Series A to support clinical development and operations and is led by CEO Peter Hecht. Cyclerion received 10% equity in Tisento with anti-dilution protection through a $100 million post-money valuation and a $10.4 million cash payment related to the transaction. Tisento’s investor syndicate includes major Cyclerion shareholders and strategic backers, reflecting support for rapid clinical advancement.

Total raised
$81M
Funding rounds
1
Latest round
Series A
Latest activity
Jul 2023

Industries

  • Finance
  • Health Care
  • IT Infrastructure
  • Telecommunications
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Recent funding

  1. Series A

    Jul 2023

    $81M

Team

No current team members are available.