NewLimit Secures $435 Million, Valuation Climbs to $3.1 Billion
NewLimit, a longevity company co-founded by Coinbase CEO Brian Armstrong, closed a $435 million financing round that lifts its valuation to $3.1 billion, more than triple its value a year earlier. The company, which has no commercial products yet, plans to start human trials next year for a drug aimed at alcohol-related liver disease. The raise com…