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HomeFinTechCyGenica: Raises $1.4M in Seed Funding

CyGenica: Raises $1.4M in Seed Funding

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CyGenica: Raises $1.4M in Seed Funding

  • CyGenica, a Pune, India and Cork, Ireland-based biotechnology company, raised  a $1.4m seed funding round
  • The round was led by SOSV, Voyager Health-Tech fund, David Rowan, founder of Voyagers.io, and angel investors Sharaf Yamani, and Sami Mikati
  • The company intends to utilize the funds to accelerate the development of its drug delivery technology
  • The company provides proprietary technology, which enables safe, targeted and affordable intercellular drug delivery
  • The technology functions like a universal USB drive
  • It acts as a nanomachine which can deliver multitudes of cargoes carrying molecular information such as drugs and genetic therapeutics in an efficient

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