Pykus Therapeutics

Boston, United States Founded: 2016 • Age: 10 yrs
A dissolvable intraocular device is developed for retinal surgery.
Annual revenue - Latest available
Total funding $2.5M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Pykus Therapeutics

Pykus Therapeutics is a company based in Boston (United States) founded in 2016. Pykus Therapeutics has raised $2.49 million across 2 funding rounds from investors including MassChallenge. Pykus Therapeutics offers products and services including PYK-2101. Pykus Therapeutics operates in a competitive market with competitors including Kodiak Sciences, Second Sight, Pixium Vision, iScience Interventional and Medical Instrument Development Laboratories, among others.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Pykus Therapeutics Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.49 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.49 M (USD), Seed

    Feb 04, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Pykus Therapeutics

Pykus Therapeutics offers a comprehensive portfolio of products and services, including PYK-2101.

Product name locked
Category locked
Primary

Biodegradable hydrogel for retinal healing without recovery burdens

People of Pykus Therapeutics

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Friedrich Asmus
Chief Development Officer (consultant)
People
Christopher White
Chief Business Officer

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Teams

Funding Insights of Pykus Therapeutics

Pykus Therapeutics has successfully raised a total of $2.49M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.49 million completed in February 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.

Investors in Pykus Therapeutics

Pykus Therapeutics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Investments & Acquisitions by Pykus Therapeutics

Investments
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Financial Statements - Pykus Therapeutics

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Pykus Therapeutics Comparisons

Pykus Therapeutics Primary company
Description
A dissolvable intraocular device is developed for retinal su...
Location
Boston, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pykus Therapeutics

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Competitors of Pykus Therapeutics

Pykus Therapeutics 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 Kodiak Sciences, Second Sight, Pixium Vision, iScience Interventional and Medical Instrument Development Laboratories, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutics for retinal diseases are developed by the company.
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Implantable visual prosthetics for blind individuals are developed and provided.
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Bionic vision restoration systems are provided for sight restoration.
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Microcatheter and imaging technologies for ophthalmic procedures are developed.
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Develops ophthalmic products for ophthalmic system manufacturers
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Delivers tailored solutions for treating age-related macular degeneration.
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Detailed competitors of Pykus Therapeutics

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Latest news on Pykus Therapeutics

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Frequently Asked Questions about Pykus Therapeutics

Pykus Therapeutics was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Pykus Therapeutics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Pykus Therapeutics is a funded company, having raised a total of $2.49M across 2 funding rounds to date.

Retinal disorders are a common cause of debilitating vision loss and often the only treatment is surgery. Each year, more than 350 000 such surgeries are performed in the US alone. Often, a gas bubble must be placed in the eye to help the retina heal in place after surgery. So that this gas bubble is directed against the retina, patients have to position face-down for one week or more. And while the gas is in the eye (up to 4-8 weeks), patients have very limited vision and cannot fly. Pykus Therapeutics is developing a novel polymer that will provide better retinal tamponade (and therefore better patient outcomes) while eliminating the suffering and lifestyle limitations currently placed on patients after surgery. The polymer is in late-stage pre-clinical development. It provides a 360-degree tamponade force, which eliminates the need for post-operative patient positioning. It is also optically clear with an index of refraction nearing that of the native vitreous gel, which allows patients with a healthy macula to see clearly post-operatively. Finally, it is biodegradable which avoids the need for a second trip to the operating room for removal.

Pykus Therapeutics's top competitors include Kodiak Sciences, Second Sight and Pixium Vision.

Pykus Therapeutics offers PYK-2101.

Pykus Therapeutics has 1 investor. Key investors include MassChallenge.

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