Existing investor confidence is reflected in SmartDyeLivery GmbH’s latest financing round
After a successful 2023 and regulatory approval to conduct the Phase I clinical trial for its first platform-based product, SmartDyeLivery has once again reaffirmed the confidence of its investors. The investors continue to be fully confident in the company’s development and are investing a multi-million Euro amount for the future development of SmartDyeLivery’s universal drug delivery platform. In addition to bm‑t beteiligungsmanagement thüringen gmbh (bm|t) as lead investor, a business angel and a family office also participated in the round collective, thus supporting the growth of the innovative company from Jena.
“We are extremely grateful for this positive start of the new year and the continued support of our investors. 2024 will be an exciting year for us, which will be characterised primarily by the start of our clinical trial, and we are looking forward to the further developments”, says Dr. Marc Lehmann, Managing Director of SmartDyeLivery. With the newly raised capital and the imminent first application in humans imminent, the company has a promising business year ahead.
About SmartDyeLivery:
SmartDyeLivery GmbH from Jena is developing a universal platform technology based on functionalised nanoparticles that can be used to transport active ingredients or other cargoes to the desired target site. The aim is to provide new therapeutic options for diseases that were previously untreatable or difficult to treat. The innovative, patent-protected technology can also be used for diagnostic or theranostic applications.
Further information can be found at www.smartdyelivery.com
About bm|t:
bm|t, based in Erfurt, is a subsidiary of Thüringer Aufbaubank and the leading address for investments in Thuringia. bm|t currently manages twelve funds with a total volume of around EUR 445 million, which are to be invested in innovative companies in almost all sectors and in all phases of corporate development — both in the start-up and growth phases or in company succession situations.
Further information can be found at www.bm‑t.com