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Toronto-based biotech Synakis, which develops biomaterial-based treatments for ocular diseases, has secured $2.6M in pre-seed funding. The capital will support the startup's ongoing work in this specialized field.
The investment was provided by Ontario鈥檚 Life Sciences Innovation Fund, backing Synakis's focus on creating new biomaterial-based therapies for various eye conditions.
Congratulations to Synakis on the successful close of an oversubscribed $2.6M pre-seed financing round to advance novel ocular therapies for retinal disease and glaucoma.
Ontario is strengthening its position as a global #LifeSciences hub, and it鈥檚 exciting to see companies like Synakis translating breakthrough research into real-world patient impact. Through Ontario鈥檚 Life Sciences Innovation Fund (#LSIF), we鈥檙e proud to support high-potential ventures working to address critical unmet healthcare needs across the province. Read more. 馃憞
TetraGen Robotics
TetraGen develops Autonomous Welding Robots that require minimal programming by end-users. Powered by our proprietary 3D vision and AI technology, our robot cells can 'see' and automatically adapt to new parts and part variations. We help manufacturers automate their high-mix and high-variability manufacturing processes.
$1.8M Seed
3 days ago
Springboard Atlantic Inc.
Springboard Atlantic is a network of 19 post-secondary institutions in Atlantic Canada that moves knowledge and technologies from universities and colleges to the economy. We connect industry with researchers to solve real-world problems and help entrepreneurs protect their IP.
$825.0K Pre-seed
6 days ago
Largest funding rounds in Biotechnology on Signalbase right now.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  Shockwave Medical United States | Unknown | $13.1B | 2y ago |
| 2 |  NeuroEM Therapeutics United States | Unknown |
Companies that recently closed a Pre-seed round.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  Dognosis India | Pre-seed | $1.5M | today |
| 2 | Dognosis India | Pre-seed | $1.5M | today |
LoopX
LoopX is a Physical AI company building All-Condition Intelligence for the world's harshest industrial environments. We develop rugged AI perception and autonomy technologies that enable machines to see, understand, and act reliably in uncontrolled conditions鈥攚here dust, darkness, rain, snow, fog, vibration, and extreme temperatures challenge conventional AI systems. Starting with underground mining, LoopX delivers intelligent solutions for collision avoidance, machine perception, localization, payload analytics, fleet intelligence, and autonomous operations. Our sensor fusion platform combines LiDAR, thermal imaging, RGB vision, edge AI, and advanced robotics to transform industrial equipment into safer, smarter, and more productive machines. Headquartered in Canada, LoopX partners with leading mining companies, OEMs, and technology providers to accelerate the adoption of AI-powered industrial automation across the global mining industry. All-Condition Intelligence for the world's harshest operations.
$4.0M Seed
8 days ago
| $7.2B |
| 1y ago |
| 3 |  Illumina United States | Unknown | $7.1B | 1y ago |
| 4 |  GRAIL United States | Unknown | $7.1B | 1y ago |
| 5 |  RemeGen Biosciences United States | Grant | $5.6B | 7mo ago |
| 3 |
 Activibe Fitness The Netherlands |
| Pre-seed |
| $500.0K |
| today |
| 4 |  Modu Tech United States | Pre-seed | $4.4M | today |
| 5 |  Powerhouse Therapeutics | Pre-seed | $100.0K | today |
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