SciTech Development secures an oversubscribed $5.5 million Convertible Note Round to continue cancer clinical trials, driven by promising results for ST-001 nanoFenretinide™.
Amount Raised
$5.5 Million
Round Type
Funding Round
Grosse Pointe FarmsBiotechnologyHealth CarePharmaceuticalDescription
SciTech Development, Inc. has successfully closed its Convertible Note Round #3 at $5.5 million, exceeding its $3.0 million target. This funding will support ongoing clinical trials for its lead drug ST-001 nanoFenretinide™. The impressive interim trial results have instilled significant investor confidence
Quick answer
SciTech Development raised $5.5 Million in a Funding Round round, dated September 24, 2025. SciTech Development is based in Grosse Pointe Farms, Michigan, United States.
- How much did SciTech Development raise?
- SciTech Development raised $5.5 Million in a Funding Round round on September 24, 2025.
- What does SciTech Development do?
- SciTech Development is a clinical-stage pharmaceutical company committed to advancing the next generation of cancer treatment.
- Where is SciTech Development based and how big is it?
- SciTech Development is based in Grosse Pointe Farms, Michigan, United States. Fundz records about 11 employees.
- Who are the decision-makers at SciTech Development?
- Fundz holds 1 contact at SciTech Development, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Biotechnology around the same time
Companies in the same sectors as SciTech Development that raised within 45 days of this round, from Fundz verified event records.
- Pelthos Therapeutics raised $18M on November 6, 2025.
- Shuttle Pharmaceutical Holdings raised $2.5M (Post-IPO Equity) on November 3, 2025.
- Acasti raised $4M (Funding Round) on October 23, 2025.
- ENA Respiratory raised $22M (Series B) on October 22, 2025.
- Minerva Neurosciences raised $200M (Funding Round) on October 21, 2025.
- ISOThrive raised $8.1M on October 10, 2025.
Who to call at SciTech Development, and when
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Related People
SciTech Development raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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