Micoy Therapeutics

Micoy Therapeutics

Micoy Therapeutics, with a valuation of $9.99 million, is raising funds on StartEngine. It is a preclinical-stage biotechnology company focused on developing therapeutics targeting harmful autoantibodies. Micoy Therapeutics’ novel therapies aim to induce immunodeficiency by inhibiting type I interferons and offer a promising approach to protecting against life-threatening viral infections. Prem Premsrirut founded Micoy Therapeutics in June 2024. The current crowdfunding campaign has a minimum target of $123,999.75 and a maximum target of $1.23 million. The campaign proceeds will be used for outside research and development, company employment, regulatory consulting, and diagnostic test development.

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Investment Overview

Raised this Round: Raised: $96,033

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
10/29/2024
Close Date
01/27/2025
Min. Goal
$124,000
Max. Goal
$1,234,994
Min. Investment

$494

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.75

Pre-Money Valuation

$9,992,500

Company & Team

Company

Year Founded
2024
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
High
Capital Intensity
High
Location
Brooklyn, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Prem Premsrirut
Title
CEO & Director
Founder Name
David Eads
Title
Secretary & Treasurer

Financials

as of September 1, 2024
 Revenue
$0
 Monthly Burn
$20,000
 Runway
5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,451,848

$-136,210

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/27/2025 StartEngine $9,992,500 $96,033 Equity - Common Active RegCF
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Add to portfolio
Micoy Therapeutics on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,992,500
Price per Share: $1.75

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Follow Micoy Therapeutics on StartEngine 2024

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