# EpiEndo Pharmaceuticals ehf

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epiendo-pharmaceuticals-ehf

- Industry: Pharmaceuticals
- Headquarters: Reykjavik, Iceland
- Website: www.epiendo.com
- Total disclosed funding: $24M
- Latest round: Series A (Aug 18, 2021)
- Investors on record: 5

## About

EpiEndo Pharmaceuticals is a biotechnology firm dedicated to the development of innovative oral drugs targeting chronic respiratory diseases, particularly chronic obstructive pulmonary disease (COPD).Founded in 2014 and headquartered in Reykjavik, Iceland, EpiEndo Pharmaceuticals specializes in developing medications for chronic respiratory conditions. The company has raised a total of EUR 20.000 mn, with its latest funding round being a Series A completed on August 18, 2021, which included investors like ABC Venture ehf and the European Innovation Council. Friðrik Garðarsson founded the company, and Maria Bech currently serves as CEO.EpiEndo Pharmaceuticals focuses on developing glasmacinal, a non-antibiotic macrolide that aims to improve host defense responses and provide anti-inflammatory effects for COPD patients. The company's innovative Barriolides™ class of drugs represents a new approach to managing chronic respiratory diseases, targeting markets with high COPD prevalence, particularly in North America and Europe.In 2020, EpiEndo Pharmaceuticals generated a revenue of EUR 719,084.20, with an EBITDA of EUR -9,021,336 for the most recent year available.Following the Series A funding raised in August 2021, EpiEndo Pharmaceuticals plans to utilize the EUR 20.000 mn to advance the clinical development of its lead compound EP395, which entered Phase I clinical trials in April and aims to progress through to Phase IIa, focusing on COPD. The company seeks to expand its market reach, particularly in North America and Europe, aligning with its strategy to address chronic respiratory diseases effectively.

## Funding rounds

- Series A, Aug 18, 2021, $23M — Kvika Asset Management, Flerie Invest, European Innovation Council, ABC Venture ehf
- Angel, Jan 17, 2019, $0.9M — Brunnur Ventures

## Investors

- Brunnur Ventures (https://capitalatlas.ai/funds/brunnur-ventures) — Angel
- Kvika Asset Management — Series A
- Flerie Invest (https://capitalatlas.ai/funds/flerie-invest) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- ABC Venture ehf — Series A