Kuros Biosciences

company

About

Kuros Biosurgery develops biomaterials and bioactive biomaterial combination products for indications in trauma, wound and spine.

  • 51 - 100

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
Fr6M
Industries
Biopharma,Biotechnology,Health Care,Medical
Founded date
Jan 1, 2000
Number Of Employee
51 - 100
Operating Status
Active

Kuros Biosciences AG is a Swiss-based company focused on the development of innovative products for tissue repair and regeneration.

Founded in 2000 as a spin-off of the Eidgenössische Technische Hochschule Zürich (ETHZ), Kuros has developed a pipeline of products based upon its proprietary technology platforms. These platforms were developed from work carried out at ETHZ, at the University of Zürich and at the California Institute of Technology (CalTech). In addition, in early 2017 Kuros acquired Xpand Biotechnology to gain access to its MagnetOs family of bone graft substitutes and the associated surface science technology.

Kuros has attractive commercial prospects in key market segments as well as an EU hub for future clinical and distribution operations. The company is in transition to commercial stage with one product having marketing approval in the EU and US and further product expected to achieve EU approval this year. MagnetOs is approved for sale in the EU for orthopedic, spine and dental applications, and in the US for posterolateral spinal fusion. In addition, a putty formulation is being prepared for submission in the EU and the US in the second half of this year. Neuroseal, a novel biomaterial for dural sealing, is Kuros’ second product and currently under review for CE marking in the EU.

Kuros has also assembled a pipeline of clinical stage programs in various stages of development and amassed significant clinical and preclinical data in a number of indications and applications primarily in the area of orthobiologics. The Company has enrolled over 600 patients in multinational clinical trials, and has generated promising safety and efficacy in a number of significant indications.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
Fr6M €7M
Kuros Biosciences has raised a total of Fr6M €7M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2022 Post-IPO Equity Fr6M 2 Alpha Capital AG
Optiverder
Detail
Nov 5, 2002 Series A €7M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
3
Kuros Biosciences is funded by 3 investors. Alpha Capital AG and Optiverder are the most recent investors.
Investor Name Lead Investor Funding Round
Alpha Capital AG Yes Post-IPO Equity
Optiverder Yes Post-IPO Equity
CDC IXIS Innovation Series A