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ArrayPatch Ltd

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November 26, 2024
Data is self reported
Array Patch Ltd is leveraging its proprietary, award winning DerMapTM dissolving microneedle patch technology to develop new treatments across a number of therapeutic areas which are more efficacious and safer.

Achievement

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Founded in

2024

Country

Ireland

Industry

BioTech, MedTech

Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

3000000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Paying customers

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Monthly active users

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ArrayPatch Ltd

Direct Message
Download Pitch Deck
November 26, 2024
Data is self reported
Array Patch Ltd is leveraging its proprietary, award winning DerMapTM dissolving microneedle patch technology to develop new treatments across a number of therapeutic areas which are more efficacious and safer.

Achievement

Technological • Pre-clinical proof of concept for ITZ-DerMapTM. • Publications (peer review) concerning DerMapTM technology. & Team • Assembled team with over 75 years of industry experience relevant to the business of ArrayPatch. • Assembled panel of international advisors. • Identified CDMOs and CROs to support development. Intellectual Property • DerMapTM patent advanced to nationalization phase (WO2020250210A1). Awards/Recognition • ‘Innovation of the Year’ - Pharma Industry Awards 2022. • ‘Commercial Activity of the Year’ - SSPC 2022. • ‘Ireland’s Top 100 Hospital and Healthcare Achievers - HPN Professional 2022. • 1st prize at the "1st Start-up Retreat" Porto, Portugal 2022. • Winner of 2023 IDEATE Ireland competition. • Finalist of Enterprise Ireland Show Case 2024. Funding • Horizon 2020/EI grant €0.3M (UCC). • Proof of Concept Commercialisation Fund 2020 grant from EI €0.3M (UCC). • Commercialisation-Fund grant from EI 2022 €0.74M (UCC).

Founded in

2024

Country

Ireland

Province

Industry

BioTech, MedTech

SDGs

Good health and well-being (SDG #3)

Patent information

1) WO2020250210A1 at nationalization Phase, 2) US2022249819A1 at nationalization phase.

Team

Number of founders

1

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

No

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

3000000

Ownership founders

70-79% owned by founders

Lead investor

Co-Lead

Current investors

Grants 1371000 Convertible loan 125000

Intended closing date

Q1 2025

Fundraising status

Actively fundraising (brand name visible)

Already committed

1000000

Revenue Metrics

Monthly revenue

pre-revenue

Monthly growth

not growing

Paying customers

0

Monthly active users

0

Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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How much of this round already committed?
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When are you aiming to close this round?
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TEAM

How much time do the founders spend on the business?
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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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What percentage of company is owned by founders?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
pre-revenue
Growth rate month over month
not growing
Monthly revenue context
Number of paying customers
0
Monthly active users
0

INVESTMENTS

Do you have a lead investor?
Co-Lead
How much have you raised in the past?
Grants 1371000 Convertible loan 125000
How much of this round already committed?
1000000
When are you aiming to close this round?
Q1 2025

TEAM

How much time do the founders spend on the business?
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
70-79% owned by founders
Is there a women founder with at least 5% of the shares?
No
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2024
Patent status
1) WO2020250210A1 at nationalization Phase, 2) US2022249819A1 at nationalization phase.

Basic details

Amount raising
3000000
Country
Ireland
Industry
BioTech, MedTech
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
November 26, 2024

Key Achievements

  • Technological • Pre-clinical proof of concept for ITZ-DerMapTM. • Publications (peer review) concerning DerMapTM technology. & Team • Assembled team with over 75 years of industry experience relevant to the business of ArrayPatch. • Assembled panel of international advisors. • Identified CDMOs and CROs to support development. Intellectual Property • DerMapTM patent advanced to nationalization phase (WO2020250210A1). Awards/Recognition • ‘Innovation of the Year’ - Pharma Industry Awards 2022. • ‘Commercial Activity of the Year’ - SSPC 2022. • ‘Ireland’s Top 100 Hospital and Healthcare Achievers - HPN Professional 2022. • 1st prize at the "1st Start-up Retreat" Porto, Portugal 2022. • Winner of 2023 IDEATE Ireland competition. • Finalist of Enterprise Ireland Show Case 2024. Funding • Horizon 2020/EI grant €0.3M (UCC). • Proof of Concept Commercialisation Fund 2020 grant from EI €0.3M (UCC). • Commercialisation-Fund grant from EI 2022 €0.74M (UCC).

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