Spindle Biotech Inc.
AcquiredRNA right away
Toronto, Canada · Founded 2017 · $250K raised
- Headquarters
- Toronto
- Employees
- 1–10
- Founded
- 2017
- Business Model
- B2B
- Website
- spindle.bio
- Total Funding
- $250K
- Last Round
- $250K SeedJan 2019
- Rounds
- 1
- Acquisition Date
- Jul 2023
About
Spindle Biotech developed a proprietary RNA polymerase (RNAP) technology for large-scale mRNA manufacturing and gene editing research. The company used synthetic RNA instead of plasmid DNA to minimize off-target activity. Spindle was acquired by Applied DNA Sciences in July 2023, and its technology was integrated into the LineaIVT mRNA manufacturing platform.
Summary
Spindle Biotech Inc. is a Biotech company based in Toronto, Canada, founded in 2017. It has raised $250K in total across 1 round, most recently a $250K Seed round in Jan 2019. Investors include SOSV.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jul 2023
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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