Jeito Capital leads €20 Million Investment in InnoSkel, a New Gene Therapy Company and Leader in Rare Skeletal Disorders

Jeito Capital leads €20 Million Investment in InnoSkel, a New Gene Therapy Company and Leader in Rare Skeletal Disorders

Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announces that it has led a €20 million Series A financing in InnoSkel, a newly launched pioneering platform biotechnology company developing therapies for rare and life-threatening skeletal diseases. Jeito co-led the financing in a high-quality syndicate with Vida Ventures and with additional support from The Turenne Group. InnoSkel becomes Jeito’s third investment in the past four months, following SparingVision and Neogene, and Jeito’s first backing of a female CEO, as part of its vision and mission.

Proceeds from the financing will be used to advance InnoSkel’s asset pipeline from its dedicated gene therapy platform. Notably, this includes a group of rare and life-threatening skeletal disorders collectively known as type 2 collagenopathies. InnoSkel’s lead asset focuses on the most severe of these disorders, a neonatal presenting skeletal disorder called Spondyloepiphyseal Dysplasia congenita (“SEDc”). SEDc is a rare genetic disease that results in short stature and skeletal abnormalities primarily affecting the spine and long bones of the arms and legs. It affects app...

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