Biotechnology company innovates treatment for pets with lumps, bumps and cancer
, Maryland鈥檚 economic engine for technology companies, announced a recent $200,000 Pre-Seed Builder Fund investment in Kubanda Cryotherapy. The Pre-Seed Builder Fund is housed under TEDCO鈥檚聽,聽which were created to engage and invest in economically underserved founders and communities.
鈥淢ost pet tumors go untreated, and existing treatment options are inaccessible due to high costs and slow healing times,鈥� said Bailey Surtees, CEO of Kubanda Cryotherapy. 鈥淲e saw this gap in care and built an alternative, non-surgical solution, which offers less down time and better healing outcomes for pets. With TEDCO鈥檚 support, we can continue our mission of breaking down barriers to high-quality care.鈥�
, located in Baltimore, Md., has developed a minimally invasive treatment for lumps, bumps and tumors in pets. Using cryoablation technology, their innovation works to kill cells through the formation of intracellular ice crystals. This procedure could offer faster healing time than surgery, chemo, or radiation procedures, and costs a fraction of the price for pet parents, broadening access to care.
鈥淜ubanda Cryotherapy鈥檚 innovation offers a solution that can be used by many veterinarians,鈥� said聽, senior director of TEDCO鈥檚聽. 鈥淪uch a promising technology is starting in the veterinary clinic and could explore other healthcare sectors.鈥�
Kubanda Cryotherapy has utilized several of TEDCO鈥檚 resources, including the Maryland Innovation Initiative (), where they received a聽聽award, and the聽.
Builder Fund companies receive access to resources such as hands-on executive support, peer-to-peer mentoring and collaboration, and networking opportunities. For information about TEDCO鈥檚 Builder Fund, visit聽.
About TEDCO
, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at聽.
