AmacaThera is a Toronto-based biotechnology company founded in 2016 with a mission to transform therapeutics and make a difference in patient health. The company is focused on developing and commercializing a unique, injectable hydrogel platform technology for a wide range of medical applications in the Biopharma and Biotechnology industries. Under the leadership of world-renowned biomaterials scientist, Dr. Molly Shoichet, AmacaThera is at the forefront of commercializing combination products at the interface of biomaterials and pharmaceuticals. The company has successfully developed a platform technology to address the critical problem of sustaining therapeutic delivery of pharmacological agents for multiple disease areas. Their current focus lies on a combination product for post-operative pain, which serves as the company's lead project. AmacaThera recently secured a significant $50.00K grant investment on 01 December 2023 from Toronto Innovation Acceleration Partners, further validating its potential and attracting support for its innovative solutions. Overall, AmacaThera's pioneering technology and recent investment demonstrate its potential to revolutionize therapeutic delivery and make a substantial impact on patient care.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $50.00K | 1 | 01 Dec 2023 | |
Series A | $4.00M | 6 | Paul Austin, BDC Capital’s Women in Technology Venture Fund | 28 Nov 2023 |
Grant | Unknown | 1 | Johnson & Johnson Robotics and Digital Solutions | 04 Jan 2023 |
Series A | $10.30M | 9 | BDC Capital’s Women in Technology Venture Fund | 22 Feb 2021 |
Seed Round | $3.60M | 4 | 03 Oct 2019 |
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