![\"Image\"](\"https:\/\/vritimes-public.s3.ap-southeast-1.amazonaws.com\/production\/393c561826cc2e418792e9aa86909fdb5e6ddac1123c89325c1134fc7192329e\/image.png\")
<\/p>\nCraft Health Secures Pre-Series A2 Funding to Revolutionize Compounding Pharmacy with 3D Printing Technology.<\/p>\n
Singapore,13
\nMay 2024 \u2014 Craft Health, a pioneer in the healthcare industry specializing in
\nthe automation of mass customization through its cutting-edge 3D printing
\nplatform, today announced the successful close of its Pre-Series A2 funding
\nround. Valuence Ventures led the round with significant participation from
\nMistletoe Singapore, an existing investor, and an angel investor. This latest funding
\nunderscores the confidence investors have in Craft Health\u2019s vision to
\nrevolutionize compounding pharmacy on a global scale.<\/p>\n
<\/p>\n
The fresh
\ncapital will expedite Craft Health\u2019s commercial trajectory by further
\ndeveloping its proprietary 3D printing platform designed to streamline and automate
\nthe mass customization of pharmaceuticals. By harnessing the power of its 3D
\nprinting platform, Craft Health aims to introduce unprecedented levels of
\nefficiency, precision, and customization to the compounding pharmacy sector,
\nmeeting the unique needs of patients with tailored medication solutions.<\/p>\n
\u201cWe
\nare delighted to bolster our investor base with partners who share our
\ndeep-tech vision and can impart their wealth of knowledge, experience, and
\nnetwork to scale Craft Health. This round of funding will fine-tune our commercialization
\nstrategy, refine our product offerings, and set the stage for our anticipated
\nSeries A\u201d said Dr Goh Wei Jiang, co-founder and CEO of Craft Health.<\/p>\n
“We
\nare thrilled to announce our investment in Craft Health, a pioneer in
\nleveraging 3D printing technology for compounding pharmacy. Craft Health’s
\ninnovative approach aligns perfectly with our mission to support ventures that
\nredefine industries and improve lives. We are confident in their potential to
\nrevolutionize personalized medicine and look forward to their continued growth
\nand success in transforming patient care globally.” said Dr. Gene Cho, a
\nGeneral Partner of Valuence Ventures. “Craft Health’s innovative use of 3D
\nprinting technology in compounding pharmacy not only positions the company at
\nthe forefront of healthcare innovation but also aligns perfectly with our
\ninvestment strategy of supporting ventures that are poised for significant
\nimpact and growth. We are confident in Craft Health’s vision and their ability
\nto lead a new era in personalized medicine, especially in the area of advanced
\nmaterials innovation.” <\/p>\n
Mistletoe
\nSingapore also expressed strong support for Craft Health’s mission and its
\nrecent funding success. “Having supported Craft Health from its early
\nstages, we have witnessed first-hand the dedication and innovation that the
\nteam brings to the healthcare industry. This additional funding will
\nundoubtedly propel the company towards achieving its commercial goals, and we
\nare excited to continue our journey with Craft Health as it endeavours to
\nrevolutionize the way pharmaceuticals are customized and dispensed.” Added
\nMr Atsushi Taira, Managing Director of Mistletoe Singapore.<\/p>\n
Since
\n2019, Craft Health has developed an end-to-end 3D printing platform for
\nnutraceuticals and pharmaceuticals, integrating the 3D printer (CraftMake\u2122<\/i>),
\n3D printing software (CraftControl\u2122<\/i>), 3D printable formulations (CraftBlends\u2122<\/i>)
\nand one of the world\u2019s first semi-solid paste extrusion-based 3D printing
\ndatabase for oral dosage forms (CraftDatabase\u2122<\/i>). Craft Health\u2019s
\ntechnology platform is based on the heat and ultraviolet light (UV) light free
\nsemi-solid paste extrusion technique and can incorporate a wide variety of
\nactive ingredients from small molecules to biological molecules. Craft Health
\nhas since commercialized its 3D printing platform, working with compounding
\npharmacies, academics, nutraceutical start-ups and MNCs.<\/p>\n
Craft
\nHealth’s commitment to innovation in healthcare through its 3D printing
\nplatform represents a significant leap forward in making personalized medicine
\nmore accessible and effective for patients worldwide. With this new round of
\nfunding, Craft Health is poised to make substantial advancements in the
\ncommercialization of its technology, setting a new standard for precision and
\npatient-centred care in the pharmaceutical industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
Craft Health Secures Pre-Series A2 Funding to Revolutionize Compounding Pharmacy with 3D Printing Technology. Singapore,13 May 2024 \u2014 Craft Health, a pioneer in the healthcare industry specializing in the automation…<\/p>\n","protected":false},"author":1,"featured_media":460,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-singapore"],"_links":{"self":[{"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=458"}],"version-history":[{"count":1,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/458\/revisions"}],"predecessor-version":[{"id":459,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/458\/revisions\/459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=\/wp\/v2\/media\/460"}],"wp:attachment":[{"href":"https:\/\/asianicinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asianicinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}