Peptomyc, with its slogan "Developing Peptides to treat Cancer", is prominently positioned at the intersection of Biotechnology and Health Care. Founded in 2014, this Spain-based company is pioneering a new class of cell-penetrating peptides (CPPs) aimed at targeting the notorious Myc oncoprotein, a formidable contributor to cancer progression.
The company’s foundation stems from over two decades of scientific research spearheaded by Dr. Soucek, focusing on Omomyc, the most effective direct Myc inhibitor thus far. This strong research background equips Peptomyc with a unique competitive edge in the oncological therapeutics space.
In a recent funding round dated 01 June 2023, Peptomyc secured a $2.49M early VC investment from the European Innovation Council. This capital injection not only underscores investor confidence but also brings the company a step closer to revolutionizing cancer treatment.