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AVECTAS
Excelling beyond
About AVECTAS
Avectas is a pioneering company in the field of cell engineering, dedicated to advancing the development and manufacturing of next-generation cell and gene therapies. The company has created a patented, non-viral delivery technology platform that enhances the ex vivo (outside the body) production of complex gene-modified cell therapy products. This technology allows for the efficient transfer of therapeutic materials into cells while maintaining high cell viability, meaning the cells remain healthy and functional.
Avectas primarily serves biotech and pharmaceutical companies, as well as academic researchers, who are focused on developing innovative gene-modified cell therapies. These therapies have the potential to treat a wide range of diseases, including cancer and genetic disorders, by modifying patients' cells to better fight illness.
Operating in the rapidly growing cell and gene therapy market, Avectas positions itself as a key player by offering a unique solution that addresses critical challenges in the field, such as cost, manufacturing efficiency, and patient outcomes. The company's business model revolves around forming strategic partnerships and collaborations with other companies and research institutions. By doing so, Avectas not only provides its technology platform but also gains access to a broader market and additional resources for further development.
Avectas generates revenue through licensing its technology, providing technical support, and engaging in collaborative research and development projects. These partnerships are crucial for the company as they help drive innovation and ensure that the therapies developed using their platform can reach patients more effectively.
In summary, Avectas is a cell engineering technology company that improves the manufacturing and effectiveness of gene-modified cell therapies. It serves biotech firms, pharmaceutical companies, and researchers, operating in the cell and gene therapy market. The company makes money through technology licensing and collaborative projects.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Maynooth, Ireland
- Employees
- 31
- Open positions
- None listed
- Dealroom signal
- 64.9/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Cellular, DNA, Genetics and genomics, Immune System, Crispr, Spinout, Genome Engineering, Alternative Protein
- Technology
- Hardware
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ANGEL✓Equity / VC | Jun 2024 | $5.9M | $110M | Seamus Mulligan | ↗ |
| GRANTOther financing | Apr 2021 | $5.8M | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for AVECTAS is 640 monthly website visits, down 62.4% over the last three months. AVECTAS's team declined 6.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
European Innovation Council- SMSeamus Mulligan
Other known investors1 additional known investor
Maynooth University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about AVECTAS on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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