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Siox

siox.dk

Stage

Seed VC | Alive

Total Raised

$600K

Last Raised

$600K | 10 yrs ago

About Siox

Developer of a technology that can combine the properties of glass and metals by applying a thin film layer of glass on metal surfaces. The company's technology combines the desirable inert properties of glass with the desirable ductile properties of metals resulting in a corrosion resistant material. The technology can be applied to all applications where corrosion protection is necessary. The company's technology is aimed at the heat exchangers market.

Headquarters Location

Ryttermarken 15

Farum, 3520,

Denmark

45 35 55 31 80

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Latest Siox News

Sio Gene terminates University of Massachusetts licensing agreement, says to explore options

Apr 27, 2022

metamorworks/iStock via Getty Images Shares of Sio Gene Therapies (NASDAQ: SIOX ) fell 24.8% to $0.45 in aftermarket trading on Wednesday, after the company terminated its licensing agreement with the University of Massachusetts to make and sell gene therapy product candidates for the treatment of GM1 and GM2 gangliosidosis. The gangliosidoses are a group of inherited metabolic diseases caused by a deficiency of the different proteins needed to break down fatty substances called lipids. GM1 and GM2 are sub-types of these disorders. SIOX also said it plans to review strategic alternatives for the company, including options such as a company sale or a merger. SVB Securities will act as SIOX's financial advisor for the strategic review process. SIOX said it had cash and cash equivalents of about $64M as of March 31. To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.

Siox Frequently Asked Questions (FAQ)

  • Where is Siox's headquarters?

    Siox's headquarters is located at Ryttermarken 15, Farum.

  • What is Siox's latest funding round?

    Siox's latest funding round is Seed VC.

  • How much did Siox raise?

    Siox raised a total of $600K.

  • Who are the investors of Siox?

    Investors of Siox include SEED Capital.

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