SILK THERAPEUTICS INC. RAISES $2MILLION IN SERIES 1A


What does Silk Therapeutics do?

 

Silk therapeutics Inc., synthesizes and develops silk protein solutions for health and well being of human kind. Focusing on silk-based products primarily for the use in medical products and particularly in skin care products the company is one of a kind.

The motto of the company is to provide products enriched with silk and thereby working towards a healthier and beautiful blemish free skin.

By fettering the quality of naturally available silk to promote skin health and making it wrinkle free the company helps create the products that work wonders.

With the use of newer techniques Silk Therapeutics is also working on products that work on overtly sensitive skin and also on skin treated for malignancies.

 

How much Silk Therapeutics was funded?

 

The Series 1A of funding to Silk Therapeutics is being led by Kraft group of Foxboro, Massachusetts with $2million on the 25th march 2015.

Previous funding:

The earlier rounds of funding are also by the venture-funding Kraft group with around $1.4million on the 7th of October 2014.

 

 

 

What is next for Silk Therapeutics?

 

With its focus on the development of its much anticipated new natural silk patented technology the company set its sight on the development of clean and savvy silk line products.

 

Focusing also on the development of skin care products for the very sensitive skin for people undergoing treatment for cancer thereby helping the skin damaged by treatments for carcinoma.

 

The COO of the company being himself a cancer survivor Dr.Horan, the company aims to provide naturally biocompatible products that work in great tandem with the body.

 

More about Silk Therapeutics:

 

Boston, Massachusetts is the home to Silk therapeutics Inc. with renowned scientists Dr. Rebecca Horan as the COO and Dr.Greg Altman as the CEO with an experience mounting up to 15 years the company aims to be at the top of the game. Already a market leader, buoyed with the funding from Kraft Group, the Silk therapeutics Inc. aims at improving the well being of the customers with its customer centered focus and value for the money.