Tech Company Financing Transactions

Synakis Funding Round

Synakis, based in Toronto, ON, secured $1.9 million in funding from Chiefswood Holdings, Toronto Innovation Acceleration Partners and Kickstart Ventures.

Transaction Overview

Company Name
Announced On
5/25/2026
Transaction Type
Venture Equity
Amount
$1,900,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to support completion of GLP toxicology studies by early 2027 for an Investigational Testing Authorization (ITA) filing with Health Canada, and lead optimization for ocular therapeutic delivery.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
160 College Street 510
Toronto, ON, M5S 3E1
Canada
Phone
Undisclosed
Email Address
Overview
Synakis is a pre-clinical biotech startup developing breakthrough biomaterial-based treatments for ocular diseases, including retinal detachment, glaucoma, and retinal degenerative diseases. Our mission is to restore vision and enhance the quality of life for patients. Synakis' core technology, SNK-125, is a proprietary hydrogel specifically designed for ocular delivery. SNK-125 is injectable, biocompatible, biodegradable, non-swelling and transparent. We are developing it as a vitreous replacement for retinal surgery and to deliver engineered therapeutics to treat leading causes of blindness.
Profile
Synakis LinkedIn Company Profile
Social Media
Synakis Company Twitter Account
Company News
Synakis News
Facebook
Synakis on Facebook
YouTube
Synakis on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thierry Nivaggioli
  Thierry Nivaggioli LinkedIn Profile  Thierry Nivaggioli Twitter Account  Thierry Nivaggioli News  Thierry Nivaggioli on Facebook
Chief Marketing Officer
Robert Devenyi
  Robert Devenyi LinkedIn Profile  Robert Devenyi Twitter Account  Robert Devenyi News  Robert Devenyi on Facebook
Chief Scientific Officer
Molly Shoichet
  Molly Shoichet LinkedIn Profile  Molly Shoichet Twitter Account  Molly Shoichet News  Molly Shoichet on Facebook
VP - Operations
Jonathan Labriola
  Jonathan Labriola LinkedIn Profile  Jonathan Labriola Twitter Account  Jonathan Labriola News  Jonathan Labriola on Facebook
VP - R & D
Adam Forman
  Adam Forman LinkedIn Profile  Adam Forman Twitter Account  Adam Forman News  Adam Forman on Facebook


 

 

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About Our VC Transactions Data

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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