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Skye Bioscience - About the company

Skye Bioscience is a public company based in San Diego (United States), founded in 2011. It operates as a Developer of cannabinoid-based therapies for the treatment of glaucoma and other diseases. Skye Bioscience has raised $1.97M in funding from Hilco Vision. The company has 117 active competitors, including 34 funded and 17 that have exited. Its top competitors include companies like Adocia, Carmot and Kailera.

Company Details

Developer of cannabinoid-based therapies for the treatment of glaucoma and other diseases. The lead candidate THCVHS is a prodrug of tetrahydrocannabinol, a topical formulation for the treatment of glaucoma and ocular hypertension. Another candidate CBDVHS is an analog of cannabidiol that has multiple therapeutic applications. These therapies work on the endocannabinoid system which sends chemical messages and triggers biological actions and helps in the treatment of diseases
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Email ID
*****@skybioscience.com
Phone Number
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Key Metrics
Founded Year
2011
Location
San Diego, United States
Stage
Public
Total Funding
$1.97M in 17 rounds
Latest Funding Round
Investors
Ranked
Employee Count
17 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Skye Bioscience's IPO details

Skye Bioscience got listed on Nov 26, 2014.
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Skye Bioscience's funding and investors

Skye Bioscience has raised a total funding of $1.97M over 17 rounds. Its first funding round was on Nov 06, 2012. Skye Bioscience has 8 institutional investors.

Here is the list of recent funding rounds of Skye Bioscience:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 13, 2024
6926787
Post IPO
9255307
9762690
1655321
4688690
Jan 31, 2024
8952754
Post IPO
2394139
5272797
4184709
Nov 01, 2018
6006202
Post IPO
9364970
3380716
7021117
2205620
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Skye Bioscience's founders and board of directors

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Skye Bioscience's employee count trend

Skye Bioscience has 17 employees as of Aug 26. Here is Skye Bioscience's employee count trend over the years:
Employee count trend for Skye Bioscience
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Skye Bioscience's Competitors and alternates

Top competitors of Skye Bioscience include Adocia, Carmot and Kailera. Here is the list of Top 10 competitors of Skye Bioscience, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Adocia
Adocia
2005, Lyon (France), Public
Developer of therapeutics for the treatment of diabetes and obesity
$26M
69/100
2nd
Logo for Carmot
Carmot
2008, Berkeley (United States), Acquired
Developer of disease-modifying therapies to treat metabolic diseases
$386M
66/100
3rd
Logo for Kailera
Kailera
2024, Waltham (United States), Public
Developer of therapies for treating obesity and related conditions
$1B
65/100
4th
Logo for MeiraGTx
MeiraGTx
2015, New York City (United States), Public
Developer of gene therapies for ocular and neurodegenerative diseases
-
65/100
5th
Logo for D&D Pharmatech
D&D Pharmatech
2014, Seongnam-si (South Korea), Public
Developer of GLP-1-based therapeutics for metabolic disease treatment
$205M
64/100
6th
Logo for Enveda
Enveda
2019, Boulder (United States), Series E
AI-based platform to decipher the chemistry of nature and develop new medicines
$845M
63/100
7th
Logo for MBX Biosciences
MBX Biosciences
2018, Carmel (United States), Public
Developer of drugs for the treatment of rare endocrine diseases
$216M
61/100
8th
Logo for Metsera
Metsera
2022, New York City (United States), Acquired
Biopharmaceutical company focusing on medicines for obesity and metabolic diseases
$505M
61/100
9th
Logo for Congruence Therapeutics
Congruence Therapeutics
2021, Montreal (Canada), Series B
Developer of therapeutics for the treatment of rare diseases
$136M
60/100
10th
Logo for Zealand Pharma
Zealand Pharma
1998, Glostrup (Denmark), Public
Developer of protein therapies for the treatment of diabetes and gastrointestinal diseases
-
59/100
12th
Logo for Skye Bioscience
Skye Bioscience
2011, San Diego (United States), Public
Developer of cannabinoid-based therapies for the treatment of glaucoma and other diseases
$1.97M
57/100
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Skye Bioscience's Investments and acquisitions

Skye Bioscience has acquired 2 companies including Bird Rock Bio and Bird Rock Bio. Skye Bioscience has not made any investments as of now.

Reports related to Skye Bioscience

Here is the latest report on Skye Bioscience's sector:

News related to Skye Bioscience

lockFilter this list
Media has covered Skye Bioscience for a total of 17 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
•
Skye Bioscience Reports FY 2025 Financial Results and Business UpdateGlobeNewswire•Mar 11, 2026•Skye Bioscience
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