FundedIQ
Biotechnology

Larimar Therapeutics: Funding, Investors & Team (Sep 2026)

Larimar Therapeutics, Inc. is a biotechnology company in the clinical stage that is dedicated to creating therapies for rare diseases. Their main focus is on developing treatments for complex rare diseases, with their lead compound, CTI-1601, currently in Phase 1 clinical trials for Friedreich’s ataxia. Additionally, Larimar intends to utilize their intracellular delivery platform to create fusion proteins to target other rare diseases that involve deficiencies in intracellular bioactive compounds.

larimartx.com LinkedIn Bala Cynwyd, United States 51-100 employees
Biotechnology Medical Therapeutics B2B
Total raised
$403M
Rounds
4
Latest
Undisclosed round
Feb 2026

Larimar Therapeutics has raised $403M across 4 funding rounds on record, the most recent an undisclosed round of $100M announced in Feb 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Larimar Therapeutics Company Profile and Key Stats

Total funding raised
$403M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$100M in Feb 2026
Employees
51-100
reported band
Headquarters
Bala Cynwyd, United States

Latest funding round on record: Feb 2026.

Larimar Therapeutics Funding Rounds

Date
Round
Amount
Undisclosed round
$100M
Undisclosed round
$60.0M
Undisclosed round
$173M
Post-IPO Equity
$70.0M

Larimar Therapeutics raised $70.0M in a Post-IPO Equity announced in Sep 2022.

1.4 years later, an undisclosed round of $173M was announced in Feb 2024.

1.4 years later, an undisclosed round of $60.0M was announced in Jul 2025.

7 months later, an undisclosed round of $100M was announced in Feb 2026.

Larimar Therapeutics Founders and Leadership Team

Name
Role
Contact
Maria Rupnick
Founder

No contact details are on record for this team yet.

Larimar Therapeutics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,182
$8.0M
29,795
$7.5M

Larimar Therapeutics' latest round of $100M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Larimar Therapeutics Funding FAQs

What does Larimar Therapeutics do?

Larimar Therapeutics, Inc. is a biotechnology company in the clinical stage that is dedicated to creating therapies for rare diseases. Their main focus is on developing treatments for complex rare diseases, with their lead compound, CTI-1601, currently in Phase 1 clinical trials for Friedreich’s ataxia. Additionally, Larimar intends to utilize their intracellular delivery platform to create fusion proteins to target other rare diseases that involve deficiencies in intracellular bioactive compounds.

How much funding has Larimar Therapeutics raised?

Larimar Therapeutics has raised $403M across 4 rounds on record. The most recent is an undisclosed round of $100M announced in Feb 2026.

When did Larimar Therapeutics last raise funding?

Larimar Therapeutics' most recent funding round on record is an undisclosed round of $100M, announced in Feb 2026.

Who founded Larimar Therapeutics?

FundedIQ lists Maria Rupnick (Founder) at Larimar Therapeutics.

Where is Larimar Therapeutics headquartered?

Larimar Therapeutics is based in Bala Cynwyd, Pennsylvania, United States.

How many employees does Larimar Therapeutics have?

Larimar Therapeutics is in the 51-100 employee band.

How does Larimar Therapeutics' funding compare to other Biotechnology startups?

Larimar Therapeutics' latest round of $100M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,182 tracked companies over the last two years.

About FundedIQ's Larimar Therapeutics 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 Larimar Therapeutics is left off this page rather than filled in.

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