Avectas collects $10m

Apr 10, 2019 • Callum Cyrus

NUI Maynooth spinout Avectas has added capital to converted equity previously supplied by therapeutics developer Adapt Pharma among others.

Avectas, an Ireland-based cell engineering platform developer spun out of National University of Ireland (NUI) Maynooth, has closed a $10m round led by private investor Séamus Mulligan that involved a group of unnamed biotech-focused backers.
Founded in 2012 as Profector Life Sciences, Avectas has built a cell engineering platform called Solupore that enables drug developers to create therapeutic cells by injecting advanced molecules including proteins or messenger RNA into cellular subtypes such as immune system T-cells.
The fresh…

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