ArrayPatch completes €3.2M seed round led by WakeUp Capital and Lakeside Capital to advance microneedle therapeutics for obesity and skin cancer treatment.
PRIVATENov 05, 2026
Amount Raised
€3.2 Million
Round Type
Seed
CorkBiotechnologyHealth Care
Investors
DeepIE VenturesLakeside CapitalDr. Mark LedwidgeSpark Venture FundingWakeUp Capital
Description
ArrayPatch Ltd, a Cork-based biotech company, announced the completion of its seed financing round, securing an additional €1.6 million in a second close, bringing total seed funding to €3.2 million. The round was led by impact-focused venture capital firm WakeUp Capital, with participation from Spark Venture Funding, Dr. Mark Ledwidge, and existing investors Lakeside Capital and DeepIE Ventures. The company will use the proceeds to accelerate development of its proprietary DerMap™ dissolving microneedle patch platform, focusing on GLP-DerMap™ for obesity and diabetes treatment, and VIS-DerMap™ for basal cell carcinoma
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Company Information
Company
ArrayPatch
Location
Cork, Cork, Ireland
About
ArrayPatch is a biotech company based in Cork, Ireland, developing next-generation microneedle-based therapeutics. Its DerMap™ platform harnesses polymer-free dissolving microneedles to deliver therapeutic agents directly to target tissues in a painless and efficient manner. The company's lead program, ITZ-DerMap™, is designed to address the significant unmet medical need in onychomycosis (nail fungus), with additional applications under development for skin cancer, diabetes, weight loss and migraine. ArrayPatch was spun out from University College Cork and has secured significant non-dilutive funding and industry recognition to support its development strategy.
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