FundedIQ
Biotechnology

Clene Nanomedicine: Funding, Investors & Team (Oct 2026)

Clene Nanomedicine is a biopharmaceutical company in the clinical stage, primarily dedicated to creating innovative treatments for neurodegenerative disorders. They have devised a groundbreaking drug platform based on nanotechnology, allowing for the development of a brand-new category of orally-delivered neurotherapeutics.

clene.com LinkedIn Salt Lake City, United States 101-250 employees
Biotechnology Health Care Medical Pharmaceutical B2B
Total raised
$103M
Rounds
4
Latest
Undisclosed round
May 2026

Clene Nanomedicine has raised $103M across 4 funding rounds on record, the most recent an undisclosed round of $7.0M announced in May 2026.

That round is below the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Clene Nanomedicine Company Profile and Key Stats

Total funding raised
$103M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$7.0M in May 2026
Employees
101-250
reported band
Headquarters
Salt Lake City, United States

Latest funding round on record: May 2026.

Clene Nanomedicine Funding Rounds

Date
Round
Amount
Undisclosed round
$7.0M
Undisclosed round
$28.0M
Undisclosed round
$45.1M
Undisclosed round
$22.4M

Clene Nanomedicine raised $22.4M in an undisclosed round announced in Dec 2020.

2.8 years later, an undisclosed round of $45.1M was announced in Oct 2023.

2.3 years later, an undisclosed round of $28.0M was announced in Jan 2026.

4 months later, an undisclosed round of $7.0M was announced in May 2026.

Clene Nanomedicine Founders and Leadership Team

Name
Role
Contact
Mark Mortenson
Founder
Locked
Rob Etherington
CEO
Locked

Contact details for the Clene Nanomedicine team: 2 of 2 have an email address on file.

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Clene Nanomedicine Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.4M
30,319
$7.7M

Clene Nanomedicine's latest round of $7.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Clene Nanomedicine Funding FAQs

What does Clene Nanomedicine do?

Clene Nanomedicine is a biopharmaceutical company in the clinical stage, primarily dedicated to creating innovative treatments for neurodegenerative disorders. They have devised a groundbreaking drug platform based on nanotechnology, allowing for the development of a brand-new category of orally-delivered neurotherapeutics.

How much funding has Clene Nanomedicine raised?

Clene Nanomedicine has raised $103M across 4 rounds on record. The most recent is an undisclosed round of $7.0M announced in May 2026.

When did Clene Nanomedicine last raise funding?

Clene Nanomedicine's most recent funding round on record is an undisclosed round of $7.0M, announced in May 2026.

Who founded Clene Nanomedicine?

FundedIQ lists Mark Mortenson (Founder) at Clene Nanomedicine.

Who is the CEO of Clene Nanomedicine?

Rob Etherington is listed as CEO at Clene Nanomedicine.

Where is Clene Nanomedicine headquartered?

Clene Nanomedicine is based in Salt Lake City, Utah, United States.

How many employees does Clene Nanomedicine have?

Clene Nanomedicine is in the 101-250 employee band.

How does Clene Nanomedicine's funding compare to other Biotechnology startups?

Clene Nanomedicine's latest round of $7.0M is below the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Clene Nanomedicine Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Clene Nanomedicine is left off this page rather than filled in.

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