Remepy Raises $10M in Seed Funding for Hybrid Drugs, Plans to Invest in Research, Regulatory Services, and Marketing

Remepy's Seed Funding Round

Key Highlights:

• Seed Funding: Remepy, a hybrid drugs developer, closed a $10 million seed funding round, bringing its total funding to $15 million.
• Investors: NFX led the round, with participation from Vine Ventures, PsyMed Ventures, Supernode Ventures, Firstime Ventures, TechAviv, Fresh.fund, Samsung Next, StageNext Fund, and 97212 Ventures.
• Hybrid Drugs: Remepy is pioneering the development of hybrid drugs, which combine traditional drugs with digital therapeutics to enhance their effectiveness.

Remepy's Target Market

• Target Market: Focus on neurodegenerative diseases, cancer, autoimmune diseases, and degenerative eye diseases.
• Pharmaceutical Companies: Partnerships with pharmaceutical companies interested in incorporating digital therapeutics into their drug development and treatment strategies.
• Healthcare Providers and Specialists: Collaboration with healthcare providers and specialists in neurology, oncology, and other relevant fields.

What Remepy Needs to Buy

• Research and Development Partnerships: Collaborations with research institutions and pharmaceutical companies for further development and testing of hybrid drugs.
• Regulatory and Compliance Services: Assistance from regulatory and compliance experts to navigate the complex landscape of drug development and approval.
• Marketing and Sales Support: Expertise in marketing and sales to effectively promote and distribute hybrid drugs to healthcare providers and patients.

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.