Upkara
1600 Huron Parkway Building 520, Room 2390, Ann Arbor, Michigan, 48109, United States
Overview
Upkara is a biomedical technology company developing biopreservation technology that enables ambient-temperature storage and transportation of biomolecules. Led by Pravansu Mohanty and based in Ann Arbor, Michigan, the company collaborates with reagent companies to incorporate its process into manufacturing. Upkara's technology stabilizes biomolecules for ambient storage and shipment, which reduces waste, increases efficiency, and improves sustainability. The stabilized reagents provide cost savings to manufacturers while enhancing customer appeal. The company intends to use its recent funding to accelerate its growth trajectory and continue developing and commercializing its technology. Backers include Bill Parfet and Paul Meister, reflecting investor support as it scales commercialization efforts.
- Total raised
- $9M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- May 2023
Industries
- Biotechnology
- Medical
- Therapeutics
Recent funding
Series A
May 2023
$9M