UAE-based BioSapien extends pre-Series A round to $7 million

BioSapien, the biotech innovator behind MediChip — a groundbreaking localized cancer treatment platform — has successfully expanded its pre-Series A funding round to $7 million. This achievement includes strategic investment from leading backers, notably Golden Gate Ventures, marking its first investment through its dedicated MENA Fund.
With cancer rates rising and the UAE's progressive healthcare initiatives gaining momentum, now is the perfect time for BioSapien's expansion. Leveraging advanced 3D printing technology, MediChip delivers precise, localized treatment — thus minimizing systemic side effects and enhancing patient outcomes. This innovation aligns with the UAE's commitment to improving quality of life through cutting-edge technology.
The funding underscores BioSapien's dedication to patient-focused oncology solutions while reinforcing the UAE's status as a global health innovation leader. The investment will drive clinical trials in the UAE, set to commence in Q2 2025, for MediChip, BioSapien's patented 3D-printed, slow-release drug delivery platform. Additionally, the capital will support product development and manufacturing scale-up.
The UAE's commitment to advancing medical technology plays a crucial role in BioSapien's mission. The upcoming first-in-region clinical trials mark a key milestone, further positioning Abu Dhabi as a global healthcare innovation hub. This collaboration with local stakeholders highlights the Gulf region's potential in pioneering next-generation treatments to address global healthcare challenges.
This funding extension follows December's $5.5 million pre-Series A round, led by Global Ventures, one of MENA's top VC firms, with additional support from Dara Holdings.
BioSapien's mission is to treat over one million patients by 2035.
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