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MitoRx Therapeutics - About the company

MitoRx Therapeutics is a seed company based in Harwell (United Kingdom), founded in 2021 by Matt Whiteman, Norman Law and Jon Rees. It operates as a Developer of new treatments to restore healthy mitochondrial metabolism in patients. MitoRx Therapeutics has raised $12.2M in funding from investors like Oxford Technology, Wren Capital and UK Innovation Science & Seed Fund. The company has 154 active competitors, including 54 funded and 45 that have exited. Its top competitors include companies like Rhythm Pharmaceuticals, MannKind Corp and Adocia.

Company Details

Developer of new treatments to restore healthy mitochondrial metabolism in patients. The company's small molecule asset, MTRX31, targets the elimination of ectopic fat from affected organs, in people with metabolically unhealthy obesity, by resetting mitochondrial function rather than suppressing appetite.
Social
X
Email ID
*****@mitorxtherapeutics.com
Phone Number
+44 **********
Key Metrics
Founded Year
2021
Location
Harwell, United Kingdom
Stage
Seed
Total Funding
$12.2M in 3 rounds
Latest Funding Round
Ranked
Employee Count
13 as on May 31, 2026
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MitoRx Therapeutics's funding and investors

MitoRx Therapeutics has raised a total funding of $12.2M over 3 rounds. Its first funding round was on Apr 25, 2022. Its latest funding round was a Seed round on Nov 17, 2025 for $*****. 1 investor participated in its latest round. MitoRx Therapeutics has 10 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of MitoRx Therapeutics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 17, 2025
6174829
Seed
2115795
9961372
8319275
1321101
Dec 13, 2023
2322001
Seed
6617454
3973895
9935552
9595318
Apr 25, 2022
1835798
Seed
9732789
8922111
3416923
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MitoRx Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of MitoRx Therapeutics are Matt Whiteman, Norman Law and Jon Rees. Jon Rees is the CEO of MitoRx Therapeutics.
Here are the details of MitoRx Therapeutics' key team members:
  • Matt Whiteman: Co-Founder & CSO of MitoRx Therapeutics.
  • Norman Law: Co-Founder & CTO of MitoRx Therapeutics.
  • Jon Rees: Co-Founder & CEO of MitoRx Therapeutics.

MitoRx Therapeutics' Board of Directors

MitoRx Therapeutics's board has 6 active members. Glyn Owain Edwards, Jonathan David Rees, Dr Norman Milne Law and Matthew Loren Whiteman are part of team and The Honourable Alexander Michael Fink and Dr David Mark Anthony Holbrook are independent board members.
Here is the list of MitoRx Therapeutics' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 3m
Team
-
Current
5y 3m
Team
-
Current
4y 9m
dcbj{dj
Team
-
Current
7y 2m
Independent board member
-
Current
4y 1m
ifosnkk
Independent board member
-
Current
7y 9m

MitoRx Therapeutics' employee count trend

MitoRx Therapeutics has 13 employees as of May 26. Here is MitoRx Therapeutics's employee count trend over the years:
Employee count trend for MitoRx Therapeutics
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MitoRx Therapeutics's Competitors and alternates

Top competitors of MitoRx Therapeutics include Rhythm Pharmaceuticals, MannKind Corp and Adocia. Here is the list of Top 10 competitors of MitoRx Therapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
$84M
70/100
2nd
Logo for MannKind Corp
MannKind Corp
1991, Los Angeles (United States), Public
Developer of small-molecule drugs
$50M
70/100
3rd
Logo for Adocia
Adocia
2005, Lyon (France), Public
Developer of therapeutics for the treatment of diabetes and obesity
$26M
69/100
4th
Logo for Corcept
Corcept
1998, Menlo Park (United States), Public
Developer of cortisol modulators for the treatment of various diseases
-
68/100
5th
Logo for MeiraGTx
MeiraGTx
2015, New York City (United States), Public
Developer of gene therapies for ocular and neurodegenerative diseases
-
65/100
6th
Logo for 89bio
89bio
2018, San Francisco (United States), Acquired
Developer of therapies for treating nonalcoholic steatohepatitis and other liver and metabolic disorders
$60M
64/100
7th
Logo for D&D Pharmatech
D&D Pharmatech
2014, Seongnam-si (South Korea), Public
Developer of GLP-1-based therapeutics for metabolic disease treatment
$205M
64/100
8th
Logo for Rani Therapeutics
Rani Therapeutics
2012, San Jose (United States), Public
Developer of technology for the oral delivery of large drug molecules
$226M
63/100
9th
Logo for Enveda
Enveda
2019, Boulder (United States), Series D
AI-based platform to decipher the chemistry of nature and develop new medicines
$517M
63/100
10th
Logo for BioAge Labs
BioAge Labs
Emeryville (United States), Public
Provider of a bioinformatics platform for biomarkers and drug discovery
$294M
62/100
19th
Logo for MitoRx Therapeutics
MitoRx Therapeutics
2021, Harwell (United Kingdom), Seed
Developer of new treatments to restore healthy mitochondrial metabolism in patients
$12.2M
59/100
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MitoRx Therapeutics's Investments and acquisitions

MitoRx Therapeutics has made no investments or acquisitions yet.

Reports related to MitoRx Therapeutics

Here is the latest report on MitoRx Therapeutics's geography:

News related to MitoRx Therapeutics

Media has covered MitoRx Therapeutics for a total of 6 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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