Novopyxis

Novopyxis is a biotechnology company dedicated to the development of therapeutics and medical devices.

Business Model:

Revenue: $8.8M

Employees: 51-200

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Detailed Novopyxis Information

Geographic Data

Novopyxis headquarters map

Address: 700 Main St

City: Cambridge

State: MA

Zip: 02139

Country: US

Financial Info

Stage:

seed

Raised Last:

$513k

Raised Total:

$856k

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Description

Novopyxis is an award-winning biotechnology company dedicated to the development of therapeutics and medical devices. Novopyxis’ flagship drug was developed using in-house proprietary mathematical algorithms and has been validated across several different in vitro, ex vivo, and in vivo models. It activates a key anti-inflammatory receptor called the AT2R and is both cardioprotective and neuroprotective. Their therapeutic was recently awarded an orphan designation for "Pediatric Cardiomyopathy" from the FDA. Droplette was recently spun out from Novopyxis (www.droplette.io) and is focused on the development of a patented medical device for the delivery of large molecules, DNA/RNA, and proteins deep through skin, tissue, and cells. They are currently partnered with Leo Pharma for the development of their device for medical dermatology applications and have won several awards including the 2015 Graduate of MassCONNECT program via MassBio, 2015 Amgen Golden Ticket Winner, 2014 Mass Challenge Finalist, Winner of 2014 CASIS-Boeing Prize for Technology in Space, and Second place winner in 2015 M2D2 New Ventures Competition

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2014 Venture Round $343k
4/2017 Equity $512.9k
7/2017 Seed Round 1 $512.9k Visible Ventures
Visible Ventures
Announced Date Name Price

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