Antiseptic Materials Startup Nobio Raises $3.6 Million
The Israel-based startup plans to target the dental and medical device industry, offering technology to solve the infection and contamination when devices are placed in the body.
Asaf Shalev | 17:42 30.07.2018
Nobio Ltd., an early stage startup developing a substance that adds antimicrobial properties to synthetic materials, has raised $3.6 million, it announced on Monday.
The investment will be used to apply for regulatory approval for dental products and to establish a manufacturing facility, the startup said.“Protecting composite restorations from the harmful effect of oral bacteria in the form of plaque has been a challenge, and Nobio’s technology was specifically designed to address this major, unmet need,” Nobio CEO Yoram Ashery said in a statement.