SolasCure

Cardiff, United Kingdom Founded: 2017 • Age: 9 yrs
Wound care products featuring enzyme-based hydrogels are developed.

About SolasCure

SolasCure is a company based in Cardiff (United Kingdom) founded in 2017. SolasCure has raised $34.12 million across 4 funding rounds from investors including Brain Biotech, Development Bank of Wales and Eva Pharma. The company has 11 employees. SolasCure offers products and services including Aurase Wound Gel. SolasCure operates in a competitive market with competitors including BioMonde, EZ Debride, XSONX and Regenerative Wound Therapies, among others.

  • Headquarter Cardiff, United Kingdom
  • Employees 11
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website solascure.com
  • Social LinkedIn
  • Legal Name Solascure Limited
  • Date of Incorporation 20 Jun, 2017
  • Jurisdiction CAMBRIDGE, ENGLAND
Operational Areas
Key Metrics
  • Total Equity Funding
    $34.12M (USD)

    in 4 rounds

  • Latest Funding Round
    $514.76K (USD), Grant

    Mar 2024

  • Investors
  • Employee Count
    11

Products & Services of SolasCure

SolasCure offers a comprehensive portfolio of products and services, including Aurase Wound Gel.

Aurase Wound Gel
Wound Therapeutic

Enzymatic gel for debriding chronic wounds and promoting healing.

Funding Insights of SolasCure

SolasCure has successfully raised a total of $34.12M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $514.76 thousand completed in March 2024. 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 $34.12M
  • Total Rounds 4
  • Last Round Grant — $514,759
  • First Round $20.79M

    (Aug 2021)

  • Investors Count 10

All 4 funding rounds of SolasCure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$514,759Grant––
Mar 2023$13.33MSeries B–Seneca
Jun 2022–Grant––
Aug 2021$20.79MSeries A––
Valuation history

10 investors in total: 8 institutional and 2 angel.

Investors in SolasCure

SolasCure has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Brain Biotech, Development Bank of Wales and Eva Pharma.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Government agency and accelerator focusing on innovative startups and SMEs
–eicfund.euBrussels, Belgium
-
–bionovacapital.com-
Provider of equity funding and business & property development loans
2001developmentbank.walesWrexham, United Kingdom
Seneca Partners is engaged in tax-advantaged investment services.
–senecapartners.co.ukHaydock, United Kingdom
Developr of bio-based products and natural compounds for biotechnological solutions
1993brain-biotech.comZwingenberg, Germany
Pharmaceutical products are manufactured and healthcare solutions are provided worldwide.
1997evapharma.comGiza, Egypt
Offers tax-efficient investments and portfolios for high net worth individuals.
2016wealthclub.co.ukBristol, United Kingdom
-
–innovateuk.gov.uk-

Jonathan Milner

British angel investor, founder of Abcam, active in biotech and life sciences.
–unknown_fc8e3a022a024cc1a-

François Fournier

-
–unknown_cf9152eb5bd0434fb-
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Investor details for SolasCure

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of SolasCure

9 people are tracked at SolasCure (8 in leadership, 1 in team); the tracked headcount is 11.

NameRoleGroup
Adam Rytko
Quality Assurance DirectorLeadership
Bela Kelety
Chief Technology OfficerLeadership
Charles Bruce
Non Executive DirectorLeadership
David Fairlamb
Chief Development Officer (cdo)Leadership
Lee Harle
Chief Executive OfficerLeadership
Benjamin Newmark
PresidentLeadership
Oliver Schofield
Chief Financial OfficerLeadership
David G.
Chief Medical OfficerLeadership
Celia Harrison
ConsultantTeam
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Complete people profiles for SolasCure

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of SolasCure

3 dated milestones of SolasCure across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded SolasCure is founded.
  2. Funding First funding round of $20.8M.
  3. Funding Latest funding round, Grant, of $515K.

Competitors of SolasCure

SolasCure 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 BioMonde, EZ Debride, XSONX and Regenerative Wound Therapies, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
biomonde.com2014Gainesville, United States$5.9M–
Larva therapy is manufactured for debridement of non-healing wounds.
ezdebride.com2015Schertz, United States$585,000–
A patent-pending wound debridement tool is developed by EZ Debride.
xsonx.com2020Charlotte, United States––
Develops wound hygiene systems using micro-vibrational technology to enhance healing.
regenerativewoundtherapies.in2019Bengaluru, India––
Offers advanced wound management through innovative medical devices for healthcare.
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Detailed competitors of SolasCure

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SolasCure

The website of SolasCure (solascure.com) receives about 1K visits a month.

  • Monthly visits
    1K

Latest news on Solascure

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Complete news archive for SolasCure

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to SolasCure

10 companies that operate in the same segment as SolasCure (Wound Care), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Nanotech-based wound care products are developed and provided.
2010Madison, Wisconsin, United StatesUSD 22.7 M–35
Fish-skin acellular dermal matrix technology is provided for wound treatments.
2007Isafjordur, IcelandUSD 93.11 M–150
Developer of advanced haemostat and wound care dressing products
2008Ahmedabad, Gujarat, IndiaUSD 42.71 MUSD 2.88 M70
Oxygen-based wound therapy devices are developed for healing non-healing wounds.
2003Waterbeach, Cambridgeshire, United KingdomUSD 68.39 M––
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics
1985Marietta, Georgia, United States–USD 418.63 M837
Biological drugs for skin and mucosa wound treatment are developed.
2016Uppsala, Uppsala County, SwedenUSD 4.02 MUSD 1.12 M–
Developer of hemostatic products for wound care
2010New York, New York, United StatesUSD 113.35 M––
Regenerative therapies for wound care are developed and commercialized.
1985Canton, Ohio, United StatesUSD 30 MUSD 564.17 M869
Cold plasma solutions for wound treatment are developed.
2013Eindhoven, Noord-brabant, NetherlandsUSD 7.06 M––
Point-of-care devices for wound bacterial assessment are provided.
2013Toronto, Ontario, CanadaUSD 43.2 M–49
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Frequently Asked Questions about SolasCure

SolasCure was founded in 2017 and raised its 1st funding round 4 years after it was founded.

SolasCure is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.

SolasCure is a funded company, having raised a total of $34.12M across 4 funding rounds to date. The company's 1st funding round was a Series A of $20.79M, raised on Aug 2021.

SolasCure has 11 employees.

SolasCure was founded in 2017 in Cardiff, United Kingdom. Products for wound care are developed within the medical biotechnology sector. Operations center on innovative hydrogels for debridement and healing. The primary product, Aurase, incorporates an active enzyme that has been isolated and cloned from medical maggots traditionally used for wound cleaning. Focus remains on clinical applications for chronic and acute wounds.

SolasCure's top competitors include BioMonde, EZ Debride and XSONX.

SolasCure offers Aurase Wound Gel.

SolasCure has 10 investors. Key investors include Brain Biotech, Development Bank of Wales, Eva Pharma, Seneca Partners, and Jonathan Milner.

SolasCure operates through Solascure Limited.

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