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Sligo biotech start-up Nektr secures €1m in funding


Sligo biotech start-up Nektr secures €1m in funding
Frank Boyle, CEO of Nektr Technologies. Image: WDC
The start-up is developing a compound that could help in tackling antibiotic resistance in humans and animals.
Nektr Technologies, a Sligo-based biotech start-up, has raised €1m in funding to bring its technology from trial stages to market.
It is developing a synthetic antimicrobial compound that could make treatments like antibiotics more effective for humans and animals.
Half of the funding round comes from the Western Development Commission (WDC), with other backers including Enterprise Ireland also investing.
Nektr’s technology, called A3IS, is hoped to be able to combat against multi-drug resistant pathogens. The start-up is exploring the application of its compound in dermatological conditions, nasal decontamination and medical device coatings. ....

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Leading Femtech Brand INNOVO Attracts Two New Investors


Leading Femtech Brand INNOVO Attracts Two New Investors
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INNOVO adds significant incremental investment for pioneering home-based treatment for stress urinary incontinence, a condition that impacts 1 in 3 women worldwide
Netherland s Borski Fund backs female-led, femtech focused companies
Largest single investment Ireland s Western Development Commission has made to date
Financing will support the expansion of Atlantic Therapeutics commercialization activities into their core US & UK markets & beyond
GALWAY, Ireland, March 8, 2021 /PRNewswire/ Atlantic Therapeutics, the Galway-based company pioneering a non-invasive, wearable treatment for urinary incontinence, today announced it has raised significant new investment from the Borski Fund (Netherlands) and the Western Development Commission (Ireland). ....

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Western Development Commission to invest €2 million in Atlantic Therapeutics


Galway Bay FM
16 February 2021
Anthony Cheung, VP of Finance, Atlantic Therapeutics and Gillian Buckley, Investment Manager at WDC
Largest single investment the Western Development Commission has made to date
Financing will support the expansion of Atlantic Therapeutics commercialization activities from their Co. Galway base.  
Technology is used to treat urinary incontinence that impacts 1 in 3 women worldwide 
 
 
Atlantic Therapeutics, the Galway-based company pioneering a non-invasive, wearable treatment for urinary incontinence, today announced it has raised €2 million from The Western Development Commission’s investment fund. 
This is the largest single investment the WDC Investment Fund have made to date and is complemented by returning investors Seroba Life Sciences, Earlybird, LSP, Andera Partners and Atlantic Bridge, who continue their ongoing support for Atlantic The ....

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