MgShell

Milano, Italy Founded: 2019 • Age: 7 yrs
An intraocular device for targeted drug delivery is developed.

About MgShell

MgShell is a company based in Milano (Italy) founded in 2019 by Matteo Giuseppe Cereda, Federica Boschetti, Francesco De Gaetano, and Marco Ferroni.. MgShell has raised $1.83 million across 2 funding rounds from investors including Capital Cell, Bios Line and Club degli Investitori. MgShell offers products and services including Magnesium-based Drug Delivery Platform. MgShell operates in a competitive market with competitors including Eyenovia, Kedalion Thera, PolyActiva, iVeena Delivery Systems and Re-Vana Therapeutics, among others.

  • Headquarter Milano, Italy
  • Founders Matteo Giuseppe Cereda, Federica Boschetti, Francesco De Gaetano, Marco Ferroni
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mgshell Srl
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.83 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.3 M (USD), Series A

    Apr 30, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of MgShell

MgShell offers a comprehensive portfolio of products and services, including Magnesium-based Drug Delivery Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for delivering drugs to treat retinal diseases using magnesium innovations.

Funding Insights of MgShell

MgShell has successfully raised a total of $1.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.3 million completed in April 2025. 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 2
  • Last Round Series A — $1.3M
  • First Round

    (08 Feb 2023)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Series A - MgShell Valuation Capital Cell
Feb, 2023 Amount Seed - MgShell Valuation Bios Line Holding , Club degli Investitori
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 MgShell

MgShell has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Capital Cell, Bios Line and Club degli Investitori. 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
Angel
Investor Description Founded Year Domain Location
A network of business angels investing in innovative companies is operated.
Founded Year Domain Location
Investments in early-stage biotech and life sciences are enabled.
Founded Year Domain Location
-
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 MgShell

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 - MgShell

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

Mgshell Comparisons

Employees
+
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Competitors of MgShell

MgShell 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 Eyenovia, Kedalion Thera, PolyActiva, iVeena Delivery Systems and Re-Vana Therapeutics, 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
Microdose therapies for myopia treatment are developed with Optejet dispenser.
domain founded_year HQ Location
Provider of drug delivery system for eye diseases
domain founded_year HQ Location
A platform for slow-release, site-specific drug delivery is developed.
domain founded_year HQ Location
Ocular drug products for drop-free cataract surgery are developed.
domain founded_year HQ Location
Drug delivery platform for ophthalmic diseases is developed.
domain founded_year HQ Location
Drug & a cell targeting system for posterior segment eye diseases
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.

Latest news on Mgshell

Frequently Asked Questions about MgShell

When was MgShell founded?

MgShell was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is MgShell located?

MgShell is headquartered in Milano, Italy.

Who is the current CEO of MgShell?

Marco Ferroni is the current CEO of MgShell. They have also founded this company.

Is MgShell a funded company?

MgShell is a funded company, having raised a total of $1.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $535.94K, raised on Feb 08, 2023.

What does MgShell do?

MgShell developer of an intraocular device for drug delivery, focusing on life sciences, ophthalmology, developing medical devices, therapy, and ocular drug delivery. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of MgShell?

MgShell's top competitors include Eyenovia, PolyActiva and iVeena Delivery Systems.

What products or services does MgShell offer?

MgShell offers Magnesium-based Drug Delivery Platform.

Who are MgShell's investors?

MgShell has 6 investors. Key investors include Capital Cell, Bios Line, Club degli Investitori, Italian Angels for Biotech, and Lucio Rovati.

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