NewLimit Raises $40 Million In Series A Funding Round With Dimension And Kleiner Perkins

RAISE IMAGE: Brian Armstrong, Garry Tan, Blake Byers, Fred Ehrsam & Elad Gil DATE: 05/16/2023

COMPANY: NewLimit INVESTORS: Dimension, Kleiner Perkins, Founders Fund, Brian Armstrong, Blake Byers, Fred Ehrsam, Garry Tan & Elad Gil

ROUND: Series A AMOUNT: $40,000,000

NOTE: NewLimit has raised $40m in a Series A funding round featuring Dimension, Kleiner Perkins, Founders Fund and others. The 17-person company, which has been operating for 18 months, aims to increase healthy lifespans by epigenetically reprogramming cells. Among the four co-founders are Coinbase CEO Brian Armstrong and VC Blake Byers, who has a PhD in bioengineering from Stanford. NewLimit is looking to interrogate the epigenetic drivers of ageing and develop products that can regenerate tissues to treat specific patient populations. Its first target is T-cells in the immune syst

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