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Prospera Biotech Closes a €200,000 Financing Round

Prospera Biotech formulates neurocosmetic solutions based on innovative active ingredients that act on the epidermal nerve endings developed by scientists at the Institute for Research, Development, and Innovation in Health Biotechnology (Idibe) of the UMH. The company has closed a financing round of $224,000 (€200,000) from private capital.

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Prospera Biotech attracts new capital. The biotech startup promoted by the Miguel Hernández University of Elche (UMH) to develop products that care for sensitive skin by acting on the neurosensory system has closed a financing round of $224,000 (€200,000) from private capital.

This new contribution multiplies by five the capital of the company, which started its activity formulating neurocosmetics with an initial investment of $56,000 (€50,000), according to the Spanish company through a statement.

“This contribution will be a boost to accelerate the development of new products, especially a formulation for sensitive skin caused by oncology treatment that is at a very advanced stage of study and to consolidate the commercial network,” according to Marta García Escolano, CEO of Prospera Biotech.

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Prospera Biotech has launched three products in its first year of activity

Prospera Biotech formulates neurocosmetic solutions based on innovative active ingredients that act on the epidermal nerve endings developed by scientists at the Institute for Research, Development, and Innovation in Health Biotechnology (Idibe) of the UMH.

Idibe has spent more than twenty years studying the role of nociceptors (nerve endings of the neurological system located in the skin responsible for pain and itching) in skin pathologies, the mechanisms that activate them, and how to act on them to soothe them. This knowledge has helped Prospera Biotech to develop neurodermatological products that are an effective alternative to traditional care of sensitive skin, which is based largely on hydration and immunosuppression of people who suffer from it.

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In its first year of activity, Prospera Biotech has already launched three products: Nocisens, Nocisens Intense, and Nocisens Baby, three creams that include neuromodulatory active ingredients that act directly on the nerve terminals responsible for itching, stinging and pain restoring their balance and, therefore, putting an end to these discomforts. These products are indicated in cases of sensitive skin with atopic tendencies, diaper rash, and other conditions that cause itching, stinging or pain, and represent a new alternative for the relief of the discomfort suffered by an increasing number of people in developed countries.

Among the new launches to be accelerated by this new financing are specific formulations for gynecological skin conditions, a product for skin with excessive sweating, and a cream to soothe the sensory discomfort generated as a result of chemotherapy treatment.

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(Featured image by AdoreBeautyNZ via Pixabay)

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First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Olivia McCall is passionate about education, women and children’s rights, and the environment. A long-time investor, she covers news about the latest stocks (lately marijuana and tech), IPOs and indices, and is always on the lookout for socially responsible startups. She also writes about the food sector, and has a keen interest on cryptocurrencies.