Hyasynth Bio

Montreal, Canada Founded: 2014 • Age: 12 yrs
Developer of cannabinoid products intended to treat neurological disorders

About Hyasynth Bio

Hyasynth Bio is a company based in Montreal (Canada) founded in 2014 by Zach Wiltshire, Alex Campbell, and Shoham Mookerjee.. Hyasynth Bio has raised $11.04 million across 5 funding rounds from investors including Organigram, Anges Québec and SOSV. Hyasynth Bio operates in a competitive market with competitors including IGC Pharma, Hempsana, Pike Therapeutics, Soul Biotech and Nura Lyfe Sciences, among others.

  • Headquarter Montreal, Canada
  • Founders Zach Wiltshire, Alex Campbell, Shoham Mookerjee
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.04 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.5 M (USD), Series A

    Dec 22, 2021

  • Investors
    Organigram

    & 2 more

  • Employee Count
    Employee Count
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People of Hyasynth Bio
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Zach Wiltshire
COO and President, Co-founder
People
Kevin Chen
CEO, Co-founder
People
Ghazaleh Moghaddam
Research Specialist

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Funding Insights of Hyasynth Bio

Hyasynth Bio has successfully raised a total of $11.04M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $2.5M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Series A - Hyasynth Bio Valuation

investors

Oct, 2020 Amount Series A - Hyasynth Bio Valuation Organigram
Sep, 2018 Amount Series A - Hyasynth Bio Valuation Organigram
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hyasynth Bio

Hyasynth Bio has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Organigram, Anges Québec and SOSV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Angel investment network supporting innovative entrepreneurs in Canada.
Founded Year Domain Location
Venture capital and accelerator services are provided across multiple sectors.
Founded Year Domain Location
Provider of cannabis products, brands, and international business development investments
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hyasynth Bio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hyasynth Bio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hyasynth Bio Comparisons

Employees
+
Add Comparison
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Competitors of Hyasynth Bio

Hyasynth Bio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IGC Pharma, Hempsana, Pike Therapeutics, Soul Biotech and Nura Lyfe Sciences, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pharmaceutical products targeting neurological disorders like Alzheimer's are developed.
domain founded_year HQ Location
CBD oil processing solutions from hemp plants are provided.
domain founded_year HQ Location
Developer of psychedelic and cannabinoid therapeutics
domain founded_year HQ Location
Psychedelics, mushrooms, and cannabinoids are developed for mental health treatments.
domain founded_year HQ Location
Delivers comprehensive psychedelic and cannabinoid therapeutics for neurological disorders.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Hyasynth Bio

When was Hyasynth Bio founded?

Hyasynth Bio was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Hyasynth Bio located?

Hyasynth Bio is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Is Hyasynth Bio a funded company?

Hyasynth Bio is a funded company, having raised a total of $11.04M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2015.

What does Hyasynth Bio do?

Developer of cannabinoid products intended to treat neurological disorders. The companys products are made using technologies traditional and modern biology combined with computational insights to develop organisms and to treat multiple sclerosis, epilepsy, Alzheimers diseases, and others.

Who are the top competitors of Hyasynth Bio?

Hyasynth Bio's top competitors include IGC Pharma, Pike Therapeutics and Soul Biotech.

Who are Hyasynth Bio's investors?

Hyasynth Bio has 3 investors. Key investors include Organigram, Anges Québec, and SOSV.

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