Sano Chemicals
About this raise: Sano Chemicals, with a valuation of $50.01 million, is raising funds on StartEngine. The company has developed a breakthrough solution for tackling drug-resistant fungal infections. Sano Chemicals’ flagship product, Occidiofungin, has successfully completed the first part of Phase 1 FDA human trials to treat recurrent vulvovaginal candidiasis and will soon bring innovative treatment to the market. The company has been in talks with pharmaceutical companies and might enter into a license and development agreement after the completion of Phase 2 trials. Timothy Hiebert and Dr. Janice L. Miles founded Sano Chemicals in March 2012. The current crowdfunding campaign has a minimum target of $123,999.48 and a maximum target of $4.9 million. The campaign proceeds will be used for research and development, inventory, company employment, working capital, and marketing.
Investment Overview
Committed : $69,188
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 01/10/2025
- Close Date
- 04/10/2025
$123,999
$4,999,998
$494
Equity - Common
Seed
RegCF
$5.43
$50,010,300
Company & Team
Company
- Year Founded
- 2012
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $743,500
- Grants
- $115,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/10/2025 | StartEngine | $50,010,300 | $69,188 | Equity - Common | Active | RegCF |