3 years ago
EnsiliTech Raises £1.2 Million for 'Fridgeless' Vaccine Technology
EnsiliTech, a Bath-based biotech spinout, has secured £1.2 million in pre-seed funding for its “fridgeless” technology that keeps vaccines at the right temperature during transportation
The technology uses silica to protect the active ingredients of vaccines, allowing them to be transported at temperatures between -20C to 80C
This eliminates the need for refrigeration and reduces vaccine waste during transportation
The funding was led by Science Angel Syndicate and the Fink Family Office, with support from QantX, Elbow Beach Capital, Innovate UK, and angel investors.
ProblemHealthcare
"Maintaining the cold chain for vaccine distribution is expensive, wasteful, and limits vaccine access in remote areas."
Solution
"EnsiliTech's ensilication technology creates a protective layer around vaccines, allowing them to be stored and transported at a wider temperature range (-20C to 80C), eliminating the need for constant refrigeration."