McMaster Seed Fund supports two startups in first round of funding

ORIGINAL ARTICLE, Lori Dillon, brighterworld.mcmaster.ca, April 20, 2022

Eric Brown wearing a lab coat in a lab full of smiling

Two McMaster startups — Synmedix and Insight Medbotics — have received a combined $735,000 to move their innovations closer to reality in the first round of investments of the McMaster Seed Fund.

Synmedix — a biotechnology company founded by Eric Brown, Distinguished University Professor of biochemistry and biomedical sciences — received $300,000 to further its novel antibiotic platform. The technology, developed in Brown’s lab, enhances the efficacy and spectrum of many antibiotics through the action of bicarbonate and can be broadly applied to antibacterial drug discovery.

The Seed Fund is “an absolute life saver” for Synmedix, says Brown, who’s part of the Michael G. DeGroote Institute for Infectious Disease Research and Canada’s Global Nexus for Pandemics and Biological Threats.

“It’s really game-changing for us,” Brown says. “Among other things, it will support the product formulation costs and allow us to move forward to address the medical need for the kind of topical antibiotic that Synmedix is developing.”

To continue reading CLICK HERE

Share this article
Facebook
Twitter
LinkedIn
WhatsApp
Email
View All Categories

Featured iF Clients

A 6-week training & mentorship program that offers startups and growing businesses opportunities to build strategic connections, and prepare to secure investment capital.

Ready to accelerate your business growth?

Founders Fast Track is 6 week mentorship program that provides your startup with access to industry expertise, resources, networking opportunities, and skills to help you secure investment capital.

Applications are open until April 14, 2024

Synapse Life Science Pitch Competition

Get tickets for the 2024 Synapse Competition!

Innovation Factory’s Synapse Competition is Ontario’s premier life science pitch competition, dedicated to fostering innovation in the life science sector.

Why you should attend:

  • Meet the finalists at the 11th annual Synapse Competition showcase!
  • Discover emerging life science innovations
  • Network with industry leaders and a thriving life science ecosystem.

March 20, 2024 | 4:00pm – 8:00pm EDT