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§ Private Profile · Cork, Ireland
Biotechnology company developing pain-free dissolving microneedle patches for drug delivery in dermatology and therapeutics
Based in Cork, Ireland, ArrayPatch is an innovative preclinical biotechnology company developing dissolving microneedle therapeutics for targeted drug delivery. The enterprise utilizes its proprietary DerMap platform to create painless patches made entirely from active medication, allowing treatments to effectively penetrate the skin for conditions like nail fungal infections. This emerging startup recently announced the 1,560,000 euro first close of a three million euro seed funding round, building upon 1,300,000 euros previously invested in its core technology. Founded in March 2024 by Waleed Faisal, Tord Labuda, and Darren Cunningham, the firm operates as a University College Cork spinout backed by Enterprise Ireland, Lakeside Capital, and DeepIE Ventures. ArrayPatch will use this capital to advance its lead product, ITZ-DerMap, through further development stages while exploring a pipeline for skin cancer, diabetes, weight loss, and migraine treatments.
ArrayPatch has raised $359.2M across 2 funding rounds.
ArrayPatch has raised $359.2M in total across 2 funding rounds.
ArrayPatch has raised $359.2M across 2 funding rounds. Most recently, it raised $357.0M Seed in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 10, 2026 | $357M Seed | Lakeside Capital | Boole Investment Syndicate, DeepIE, Enterprise Ireland | Announced |
| Feb 5, 2026 | $2.2M Seed | Lakeside Capital | Boole Investment Syndicate, DeepIE Ventures Management CO., Enterprise Ireland | Announced |
ArrayPatch has raised $359.2M in total across 2 funding rounds.
ArrayPatch's investors include Lakeside Capital, Boole Investment Syndicate, DeepIE, Enterprise Ireland, DeepIE Ventures Management Co..