Consumer Startup Elysium Health Secures $5 Million Financing
Elysium Health announced it has raised $5 million in financing from Silicon Valley Bank.
Elysium’s aims to solve the biggest challenges in health with science in order to help people live healthier, longer lives. The company works directly with the world’s best scientists, clinicians, and health professionals to identify and develop the most innovative and promising natural compounds. Elysium’s team includes multiple winners of the Nobel Prize in the areas of research that include science, complex chemical systems, and biochemistry.
In its announcement, the company said the new funding consists of a working capital line of credit for up to $5 million that can be used for general corporate purposes and to support growth.