Startups
Pioneering the use of fish skin and fatty acids in cellular therapy and regenerative medicine
Overview
Location
Iceland, Ísafjörður
Employees
51-200
Phone
+1 703-287-8752
Total raised
$140M
Valuation
$620M
Founded date
2011
Funding Rounds 5
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 28, 2020 | Funding round | $21M | |
| Jun 13, 2019 | Series C round | $16M | |
| Feb 21, 2014 | Funding round | $2M | |
| Apr 26, 2013 | Funding round | $1M |
Mentions in press and media 16
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| May 24, 2024 | Iceland’s first unicorn will spur investment but don’t expect “floodgates” to open, says unicorn founder | Iceland boasting its first unicorn will spur investment in Icelandic startups but don’t expect the “floodgates” to open on a flurry of unicorns, says the unicorn's founder. Icelandic startup Kerecis, which develops medical devices from fish... |
| Sep 8, 2023 | Fishing startups are making the industry more sustainable by repelling bycatch, recycling nets, and tackling dredging — but they need more cash to stay afloat | Ian Falconer, founder and CEO of Fishy Filaments. Fishy Filaments Ltd Redeem now Fishing provides food and jobs, but fish stocks are being depleted and ecosystems harmed. Venture capitalists poured $238 million into the sector last year, bu... |
| Aug 2, 2022 | Iceland-based Kerecis bags €97.3M to boost fish skin-derived treatment for tissue regeneration | Reykjavik, Iceland-based Kerecis, a company that develops products for cellular therapy, tissue regeneration and protection, from fish skin and fatty acids, announced on Monday that it has raised $100M (approximately €97.35M) in a Series D ... |
| Aug 1, 2022 | Kerecis Raises USD100M in Financing; Valued at USD620M | Kerecis, a Reykjavik, Iceland-based company that develops products from fish skin and fatty acids for cellular therapy, tissue regeneration and protection, closed a $100m Series D financing valuing the company at $620m. The round was led by... |
| Aug 1, 2022 | $100 Million Financing from LEGO Owner KIRKBI and Others values Medical-Fish-Skin Company Kerecis at $620 million | The investment in environmentally sustainable technology will help thousands more patients with burned or damaged skin tissue Reykjavik, Iceland, Billund, Denmark and Arlington, Virginia — August 1, 2022 — Kerecis® today announced that it c... |
| Aug 27, 2020 | Kerecis Raises $21M Financing | ARLINGTON, Va. & REYKJAVIK, Iceland--(BUSINESS WIRE)--Kerecis Limited, a regenerative-medicine biologics company, has secured $21 million in new financing. Silicon Valley Bank is providing a revolving line of credit of up to $15 million... |
| Aug 27, 2020 | Kerecis Raises $21M Financing | ARLINGTON, Va. & REYKJAVIK, Iceland--(BUSINESS WIRE)--Kerecis Limited, a regenerative-medicine biologics company, has secured $21 million in new financing. Silicon Valley Bank is providing a revolving line of credit of up to $15 million... |
| Aug 27, 2020 | Kerecis Secures USD$21M Financing | Kerecis Limited, an Arlington, Va.- and Reykjavik, Iceland-based regenerative-medicine biologics company, secured $21m in financing. Silicon Valley Bank is providing a revolving line of credit of up to $15 million to meet the company’s near... |
| Jun 13, 2019 | Kerecis Closes $16M Series C Funding | Kerecis, a Reykjavik, Iceland and Arlinton, VA-based developer of fish-skin wound treatment, completed a $16m Series C funding round. The company sold shares valued at $10m to new and existing investors. In addition, promissory notes in the... |
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FAQ about Kerecis
When was Kerecis founded?
Kerecis was founded in 2011.
How much funding has Kerecis raised?
Kerecis has raised $140M in total across 5 funding rounds.
What funding rounds has Kerecis raised?
Parsers VC lists 5 funding rounds of Kerecis, among them a funding round of $21M on Aug 28, 2020, a Series C round of $16M on Jun 13, 2019 and a funding round of $2M on Feb 21, 2014.
What has the press written about Kerecis?
Parsers VC has collected 16 articles mentioning Kerecis, among them “Iceland’s first unicorn will spur investment but don’t expect “floodgates” to open, says unicorn founder” (May 24, 2024) and “Fishing startups are making the industry more sustainable by repelling bycatch, recycling nets, and tackling dredging — but they need more cash to stay afloat” (Sep 8, 2023).
Is Kerecis still active?
Yes, Kerecis is active; its latest activity on Parsers VC dates from Jan 30, 2025.