Dr. Nanoxa | Antimicrobial Coating Service For All Surfaces

1. Nanotechnology-based biosecurity firm Sicora bags seedfunding By Joseph Rai 10 November,2020 Photo Credit:VCCircle SHARE      Sicora Technologies Pvt Ltd, a biosecurity firm that leverages nanotechnology, said Tuesday it has raised seedfunding. The company said in a statement that Gaurav Mishra, founder of entrepreneurial platform Navayuvak Entrepreneurs, has madean equityinvestment. The funding was struck at a valuation of $3.5 million, it said, without disclosing the deal value. Sicora, which was founded by Yash Jain, will use the freshcapital to expand its presence in the domestic and globalmarkets. The startup says its product Dr Nanoxa combats harmful bacteria, viruses and germs and provides effective biosecurity from their rapid multiplication. It also provides antimicrobial solutions for the textile and fabric, paints, glass and furniture industries topower

2. their end products with the patented antimicrobial component of Sicora to make them microbe resistant for a longtime. Sicora was incubated at startup incubation, advisoryand investments company T5 NetworkLLP. Founder Jain, a graduate of Sardar Patel Institute of Technology, has previously interned and worked at companies such as Kotak Mahindra and Nearbuy. Startups developing technology-based biosecurity solutions may attract more investor attention triggered by the need to be more hygienic because of the coronaviruspandemic. In September, Chiratae Ventures led a seed investmentin infection prevention and control startup WeInnovate Biosolutions Pvt.Ltd. Last year, Log 9 Materials, which says it has developed a disinfection chamber that kills bacteria and viruses on objectsusing ultraviolet light, raised $3.5 millionin a Series A funding roundfrom Sequoia Capital India’s accelerator programme Surge and Exfinity VenturePartners.