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CUTISS secures CHF 25 million in Series C Funding and advances to Phase 3 clinical trials

21.05.2024 Rita Longobardi

Leading Biotech startup CUTISS, at the forefront of skin regenerative medicine and tissue engineering, has announced the successful first closing of CHF 25 million in its Series C funding round. This milestone brings the total raised to CHF 92 million, supporting its efforts as it enters Phase 3 clinical trials.

CUTISS develops innovative, personalized, and automated skin tissue therapy for severe skin injuries. The fresh funding round allows the UZH spin-off to enter Phase 3 clinical trials for its skin therapy, denovoSkin, following long-term safety and improved scar quality in severe burn patients, during Phase 2. The funds will also advance the automation of denovoSkin bioengineering and prepare for the launch of VitiCell, a Vitiligo treatment device.

The Series C round is co-led by Giammaria Giuliani’s family office and a new US family investor represented by Shiloh Advisors AG, with an invitation for new investors to join.

CUTISS was ranked among the TOP 100 Scale-ups in 2023 and the TOP 100 Swiss Startups from 2017 to 2022, and participated in Venture Leaders Life Sciences in 2018. "Venture Leaders in Boston has been a fantastic experience and a true door opener to numerous business development opportunities. I made many excellent contacts with Biotech professionals who helped shape our future development," stated Daniela Marino, Co-Founder and CEO of CUTISS.


CUTISS' team

CUTISS AG: Personalized skin

CUTISS grows human skin in the lab for patients that suffer from skin defects (e.g. burns). CUTISS bio-engineers individually customized human skin starting off from a very small piece of patient’s ... Read more