Qlaris Bio Raises $24 Million Series B Funding for Ophthalmic Therapies

Qlaris Bio's Series B Funding

Key Highlights:

• Series B Funding: Qlaris Bio, a clinical-stage biotechnology company, raised $24 million in Series B funding.
• Investors: Funding led by Canaan and New Leaf Venture Partners, with participation from abrdn Inc., Mayo Clinic Ventures, and Correlation Ventures.
• Therapeutic Focus: Qlaris Bio develops novel therapies for serious ophthalmic diseases, with its lead program, QLS-111, targeting intraocular pressure reduction.

Qlaris Bio's Target Market

• Target Market: Ophthalmologists, eye care clinics, and healthcare providers specializing in treating ophthalmic diseases.
• Patients with Ophthalmic Diseases: Individuals suffering from open angle glaucoma, ocular hypertension, and other related conditions.
• Research and Development Institutions: Collaborations with research institutions and universities for further development and clinical trials.

What Qlaris Bio Needs to Buy

• Clinical Research and Development Services: Partnerships with contract research organizations (CROs) and clinical research providers for conducting clinical trials and gathering data.
• Manufacturing and Supply Chain Solutions: Collaborations with manufacturers for the production of therapeutic compounds and managing a reliable supply chain.
• Marketing and Sales Expertise: Engaging with marketing agencies and sales experts to effectively reach their target market and healthcare providers.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.