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SolasCure is a technology company.
SolasCure has raised $34.0M across 2 funding rounds.
SolasCure has raised $34.0M in total across 2 funding rounds.
SolasCure is committed to improving the health and wellbeing of patients with chronic wounds through innovative therapeutic solutions like Aurase Wound Gel, which aims to transform chronic wound care.
SolasCure has raised $34.0M in total across 2 funding rounds.
SolasCure's investors include chase koch.
SolasCure is a clinical-stage biologics company developing Aurase Wound Gel, an enzymatic debridement product that mimics medical maggots to clean chronic wounds and promote healing. Founded in 2017 as a spin-off from BRAIN Biotech AG, it targets the unmet need for effective, painless wound bed preparation in settings from hospitals to home care, serving patients with chronic wounds like calciphylaxis ulcers.[1][2][3][5] The gel eliminates slough, disrupts bacterial biofilms, and accelerates healing in a market where innovation has stalled despite ~100 million annual cases worldwide; healing rates remain low, burdening healthcare systems.[3][5] Growth momentum includes a completed Phase IIa trial across Hungary, the UK, and US, €12M Series B funding in 2023 led by Seneca Partners, FDA Fast Track Designation, and grants from Innovate UK, EIC Accelerator, and EIT Health.[2][5]
SolasCure emerged in 2017 as a spin-off from BRAIN Biotech AG, a German biotech firm specializing in biological diversity for innovative solutions, founded by Dr. Sam Bakri, a biotech entrepreneur.[1][2] The idea stemmed from biomimicry of medical maggots' natural wound-cleaning enzymes, addressing decades of stagnant wound care innovation—only one new pharmaceutical approved in ~20 years.[1][3][4] Early traction included regulatory approvals from MHRA (UK), FDA (US), and OGYEI (Hungary) for first-in-human studies, overcoming pandemic challenges, and wins like 1st place in EIT Health Catapult's Biotech Category (2022) and URGO Mentorship (2019).[2][4][5] Leadership evolved with Lee Harle as CEO (25+ years in life sciences), Dr. Bela Kelety as CTO (PhD from Max Planck, ex-BRAIN AG), and key advisors like Robert Kirsner.[3]
SolasCure rides the wave of biomimicry and biotech innovation in wound care, a $28.23B market by 2029 driven by aging populations, diabetes, and rising chronic wounds (~100M cases/year), where traditional devices fail to improve healing rates.[2][5] Timing aligns with regulatory urgency—FDA critiques stagnant progress—and post-pandemic focus on efficient, home-based solutions reducing healthcare burdens.[3][4] Market forces favor it: demand for bioactive pharmaceuticals over increments, plus biodiversity-derived enzymes tapping untapped potential.[1][2] It influences the ecosystem by pioneering enzymatic debridement, inspiring investor rethink of wound care, and earning accolades that validate clinician-empowering tools for better patient outcomes.[5]
SolasCure's Phase IIa success and Fast Track status position it for Phase IIb trials and potential commercialization by late 2020s, fueled by 2023 funding and 2024 grants.[2][5] Trends like AI-optimized biologics, value-based care, and biofilm-targeting therapies will shape its path, amplifying biomimicry's role in medtech. Its influence may grow by redefining debridement standards, drawing more investment to chronic wound innovation, and delivering accessible healing that transforms patient lives—echoing its origins in nature's overlooked genius.[1][3][5]
SolasCure has raised $34.0M across 2 funding rounds. Most recently, it raised $13.0M Series B in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $13.0M Series B | chase koch | |
| Aug 1, 2021 | $21.0M Series A | chase koch |