# Bionanoplus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bionanoplus

- Industry: Materials
- Headquarters: Spain
- Website: www.bionanoplus.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Feb 18, 2011)
- Investors on record: 2

## About

Bionanoplus is a biotechnology firm specializing in advanced drug delivery technologies that enhance the efficacy of active pharmaceutical ingredients through innovative formulations and delivery systems.Bionanoplus is engaged in developing self-assembled polymeric nanoparticulate systems derived from food-grade vegetable proteins. The company is headquartered in Spain and was founded by Hesham Salman, who has experience in the biotechnology sector. The most recent funding round occurred on February 18, 2011, when Bionanoplus secured EUR 0.66 million in Seed financing from Inveready Asset Management and Sodena. The total amount raised by the company to date stands at EUR 0.66 million.Bionanoplus specializes in advanced drug delivery technologies, focusing on self-assembled polymeric nanoparticulate systems derived from food-grade vegetable proteins. They offer bioadhesive nanoparticles for improved active ingredient delivery, including formulations for antifungal treatments, and a mucoadhesive polymeric encapsulation system for enhancing mucosal and systemic immunity. Additionally, they provide occlusive polymeric nanoemulsions for therapeutic applications, catering to pharmaceutical companies, clinics, and healthcare providers worldwide, particularly in Europe and North America.In the most recent fiscal year of 2023, Bionanoplus reported a revenue of EUR 654,139.3 and an EBITDA of EUR 770,878.8. Their revenue model focuses on direct sales to pharmaceutical companies and healthcare providers, alongside partnerships for joint projects and licensing agreements for proprietary technologies.Bionanoplus aims to expand its product offerings by developing new formulations and technologies in drug delivery, although specific release dates are not disclosed. The company plans to target new markets in Europe and North America for expansion, leveraging its recent Seed funding of EUR 0.66 million secured in February 2011 to support these initiatives.

## Funding rounds

- Seed, Feb 18, 2011, $0.9M — Inveready Asset Management, Sodena

## Investors

- Inveready Asset Management (https://capitalatlas.ai/funds/inveready-asset-management) — Seed
- Sodena (https://capitalatlas.ai/funds/sodena) — Seed