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NewLimit Secures $435M, Valued at $3.1B for Liver-Age Drug

6/3/2026

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NewLimit Raises
  • NewLimit, co-founded by Coinbase CEO Brian Armstrong, raised $435 million in a Series C round on June 3 2026.
  • The financing, led by Founders Fund and joined by Kleiner Perkins, Eli Lilly Ventures, Thrive, Greenoaks and Quiet Capital, lifted valuation to $3.1 billion, over three times the prior level.
  • NewLimit will use the proceeds to expand labs, scale production and prepare a 2027 trial of its transcription-factor lipid-nanoparticle drug that reverses liver-cell age in alcohol-related disease.
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