4 years ago
NanoSyrinx Raises £6.2M Seed Funding for Targeted Biologic Delivery Platform
Coventry-based biotech company NanoSyrinx has secured £6.2 million in seed funding to further develop its novel biologic delivery platform
The funding round was co-led by Octopus Ventures and M Ventures, with participation from existing investors BioCity, UKI2S, and new investors IQ Capital and Jonathan Milner
NanoSyrinx's technology focuses on engineering protein 'nanosyringes' for targeted drug delivery, aiming to revolutionize disease treatment by directly delivering therapeutics to specific cells
The investment will be used to conduct proof-of-concept studies and build a pipeline of programs for future growth.
ProblemHealthcare
"Developing a targeted delivery system to deliver therapeutics directly to diseased cells while minimizing side effects."
Solution
"NanoSyrinx's technology engineers protein 'nanosyringes', a cell-selective non-viral peptide and protein delivery system, allowing for targeted delivery of therapeutics to improve efficacy and minimize side effects."