SolasCure - About the company
SolasCure is a series B company based in Cambridge (United Kingdom), founded in 2017 by Sam Bakri. It operates as a Developer of biologic therapies for the treatment of chronic wounds. SolasCure has raised $34.1M in funding from Seneca. The company has 207 active competitors, including 44 funded and 45 that have exited. Its top competitors include companies like SanuWave, Nuo Therapeutics and Sanara MedTech.
Company Details
Developer of biologic therapies for the treatment of chronic wounds. This therapy utilizes enzymatic debridement to prepare the wound bed while activating endogenous repair pathways to facilitate healing. The treatment is designed to address biological barriers that prevent tissue regeneration in patients with persistent wounds.
- Website
- www.solascure.com/
- Email ID
- *****@solascure.com
- Phone Number
- +44 **********
- Registered Address
- Wellington House, East Road, Cambridge, England, CB1 1BH
Key Metrics
Founded Year
2017
Location
Cambridge, United Kingdom
Stage
Series B
Total Funding
$34.1M in 4 rounds
Latest Funding Round
Ranked
1st among 207 active competitors
Employee Count
17 as on Jun 30, 2026
Legal entities associated with SolasCure
SolasCure is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Solascure Limited CIN: 10826246 , United Kingdom, Active | Jun 19, 2017 | - | 10 (As on Jun 30, 2025) |
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SolasCure's funding and investors
SolasCure has raised a total funding of $34.1M over 4 rounds. Its first funding round was on Aug 10, 2021. Its latest funding round was a Grant (prize money) round on Mar 20, 2024 for $*****. 1 investor participated in its latest round. SolasCure has 29 institutional investors and 39 angel investors.
Here is the list of recent funding rounds of SolasCure:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 20, 2024 | 5244829 | Grant (prize money) | 6894477 | 3423864 | 7091633 | 3748665 |
Mar 27, 2023 | 1255693 | Series B | 5564093 | 2795684 | 2966686 | |
2022 | 4130 | Grant (prize money) | 1207 | 1926 | 5120 |
View details of SolasCure's funding rounds and investors
SolasCure's founders and board of directors
Founder? Claim ProfileHere are the details of SolasCure's key team members:
- Sam Bakri: Former Founder of SolasCure and founder of 1 other company.
- Lee Harle: CEO of SolasCure. Contact Info: 1 email address
SolasCure's Board of Directors
SolasCure's board has 6 active members. Daniel Patrick Wright, Jane Kristin Hart, Andreas Weymann, Adriaan Jacobus Francois Moelker, Frank Goebel and Riad Mounir Riad Armanious are independent board members.Here is the list of SolasCure's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 11m | |
escoupu | Independent board member | - | Current | 6y 8m |
n{hdogg | Independent board member | - | Current | 2y 9m |
bsarorm | Independent board member | - | Current | 2y 2m |
lgasehx | Independent board member | - | Current | 2y 1m |
jcspjiu | Independent board member | - | Current | 1y 8m |
View details of SolasCure's Founder profiles and Board Members
SolasCure's employee count trend
SolasCure has 17 employees as of Jun 26. Here is SolasCure's employee count trend over the years:
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SolasCure's Competitors and alternates
Top competitors of SolasCure include SanuWave, Nuo Therapeutics and Sanara MedTech. Here is the list of Top 10 competitors of SolasCure, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SolasCure 2017, Cambridge (United Kingdom), Series B | Developer of biologic therapies for the treatment of chronic wounds | $34.1M | 62/100 | |
2nd | SanuWave 2005, Alpharetta (United States), Public | Developer of Noninvasive devices, and biologics for wound healing | $1.43M | 60/100 | |
3rd | Nuo Therapeutics 2001, Gaithersburg (United States), Public | Developer of regenerative products for wound care | $69.1M | 57/100 | |
4th | Sanara MedTech 1982, Fort Worth (United States), Public | Developer of therapeutics for infectious disease | - | 56/100 | |
5th | TargED 2020, Utrecht (Netherlands), Series A | Developer of biological drugs for the treatment of thrombosis | $82.8M | 56/100 | |
6th | Developer of enzymatic therapeutic solutions for tissue repair and regeneration | $18M | 54/100 | ||
7th | Tissue Regenix 2006, Swillington (United Kingdom), Public | Developer of regenerative medical devices by using cell technology | - | 53/100 | |
8th | Next Science 2012, Jacksonville (United States), Public | Redefining healing through science, innovation, and commitment to better patient outcomes | - | - | 51/100 |
9th | BioStem Technologies 2006, Pompano Beach (United States), Public | Provider of placental-based amniotic tissue products | - | - | 51/100 |
10th | Cambium Bio 2007, Paddington (Australia), Public | Developer of therapeutics for ophthalmology and tissue regeneration | - | 49/100 |
Looking for more details on SolasCure's competitors? Click here to see the top ones
SolasCure's Investments and acquisitions
SolasCure has made no investments or acquisitions yet.
Reports related to SolasCure
Here is the latest report on SolasCure's sector:
News related to SolasCure
Media has covered SolasCure for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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SolasCure Receives FDA Fast Track Designation for Aurase Wound GelBusiness Wire•Jun 16, 2025•SolasCure
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SolasCure initiates Phase II trial of chronic wound treatment gelclinicaltrialsarena.com•Mar 18, 2025•SolasCure
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SolasCure Enrols First Patient in a Next Phase II Clinical Trial to Advance Aurase Wound GelBusiness Wire•Mar 17, 2025•SolasCure
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SolasCure and U.S. Army Institute of Surgical Research Collaborate for Combat Wound CareBusiness Wire•Nov 06, 2024•SolasCure, Military Health
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SolasCure Selected for Innovate UK Global Incubator Programme in HoustonBusiness Wire•Jun 03, 2024•SolasCure
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SolasCure Demonstrates Proof-of-Concept in Phase lla Safety Trial of Aurase Wound GelPipelinereview•Dec 12, 2023•SolasCure
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SolasCure announces £10.9m Series B fundraise to advance wound care innovationGS Verde•Mar 27, 2023•SolasCure, Seneca, BRAIN, Eva Pharma and 4 others
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SolasCure makes progress with chronic wounds solutionBusiness Weekly newspaper•Jan 18, 2023•SolasCure
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