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‘Fridgeless’ Vaccine Spinout Gets £1.2M Funding

Jan 17, 2023•over 2 years ago

Amount Raised

£1.2 Million

Round Type

seed

Bath

Investors

Innovate UkElbow Beach CapitalQant XFink Family OfficeScience Angel Syndicate

Description

Bath-based biotech spinout EnsiliTech has raised £1.2m in pre-seed funding for its “fridgeless” technology that keeps vaccines at the right temperature during transportation.

Company Information

Company

EnsiliTech

Location

Bath, Maine, United States

About

Our novel ensilication technology exploits the growth of protective silica nanoshells on the surface of vaccine components, to prevent degredation which can lead to vaccine spoilage. Once applied, our vaccines can be stored and transported without the need for cold chain infrastructure, preventing wastage, improving shelf-life and increasing vaccine accessibility globally. Ensilication can be applied to protect a wide variety of biomolecules against environmental degradation, eliminating the need for cold chain requirements and propelling the development of more oral and mucosal delivery of vaccines and therapeutics for both animals and humans. We are actively looking for partners to work with us in developing new technologies free from the reliance on the cold chain. Please don't hesitate to contact us if you're interested in finding out more about us and the problem of cold chain dependent vaccines.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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