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Sydnexis - About the company

Sydnexis is a series B company based in Del Mar (United States), founded in 2014 by . It operates as a Developer of a therapeutic formulation for treating myopia. Sydnexis has raised $71.5M in funding from investors like Bluestem Capital, Visionary Ventures and SC Master Fund. The company has 88 active competitors, including 36 funded and 19 that have exited. Its top competitors include companies like 4D Molecular Therapeutics, EyePoint Pharmaceuticals and Rezolute.

Company Details

Sydnexis has developed a proprietary formulation for treating myopia. The patented eye drop formulation SYD-101 is developed to reduce the myopia progression which is associated with numerous serious ophthalmic co-morbidities in children.
Website
Email ID
@sydnexis.com
Phone Number
+1
Key Metrics
Founded Year
2014
Location
Del Mar, United States
Stage
Series B
Total Funding
in 4 rounds
Latest Funding Round
Investors
Ranked
9th among
Similar Companies
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Sydnexis's funding and investors

Sydnexis has raised a total funding of $71.5M over 4 rounds. Its first funding round was on Oct 19, 2017.

Sydnexis has 6 institutional investors including Bluestem Capital, Visionary Ventures and SC Master Fund.

Here is the list of recent funding rounds of Sydnexis:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 03, 2025
$20M
Series B
8072584
1702978
-
Apr 24, 2024
$1M
Series B
9051482
3804099
-
Aug 10, 2021
$45M
Series B
8090938
8975410
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Sydnexis's founders and board of directors

The founders of Sydnexis is .

Sydnexis's Competitors and alternates

Top competitors of Sydnexis include 4D Molecular Therapeutics, EyePoint Pharmaceuticals and Rezolute. Here is the list of Top 10 competitors of Sydnexis, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for 4D Molecular Therapeutics
4D Molecular Therapeutics
2013, Emeryville (United States), Public
Developer of gene therapeutics for genetic disorders
$187M
Pfizer, Ìý&²¹³¾±è;Ìý
66/100
2nd
Logo for EyePoint Pharmaceuticals
EyePoint Pharmaceuticals
1987, Watertown (United States), Public
Developer of small molecule-based therapeutics for treating ophthalmic disorders
-
OcuMension, Rosalind AdvisorsÌý&²¹³¾±è;Ìý
65/100
3rd
Logo for Rezolute
Rezolute
2012, Denver (United States), Public
Biopharmaceutical company developing therapies for metabolic & orphan diseases
-
CAM Capital, Ìý&²¹³¾±è;Ìý
61/100
4th
Logo for Molecular Partners
Molecular Partners
2004, Zurich (Switzerland), Public
Developer of therapeutic solutions for treating multiple diseases
$59.9M
58/100
5th
Logo for Aviceda Therapeutics
Aviceda Therapeutics
2018, Cambridge (United States), Series C
Developer of biotherapeutics for glycol-immune diseases
$255M
abrdn, Marshall WaceÌý&²¹³¾±è;Ìý
58/100
6th
Logo for Epicrispr Bio
Epicrispr Bio
2018, San Francisco (United States), Series B
Developer of therapeutics for multiple disease
$68M
Ally Bridge Group, LDV PartnersÌý&²¹³¾±è;Ìý
55/100
7th
Logo for Relmada
Relmada
2007, Blue Bell (United States), Public
Developing novel drug products for the treatment of multiple disease
$13M
55/100
8th
Logo for CureVac
CureVac
2000, Tubingen (Germany), Public
Developer of mRNA-based therapeutics against cancer and infectious diseases
$975M
European Investment Bank, Ìý&²¹³¾±è;Ìý
54/100
9th
Logo for Sydnexis
2014, Del Mar (United States), Series B
Developer of a therapeutic formulation for treating myopia
$71.5M
Visionary Ventures, Longitude CapitalÌý&²¹³¾±è;Ìý
54/100
10th
Logo for EyeBio
EyeBio
2021, London (United Kingdom), Acquired
Developer of therapies to treat ophthalmological diseases
$130M
MRLV, Vertex Ventures HCÌý&²¹³¾±è;Ìý
53/100
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Sydnexis's Investments and acquisitions

Sydnexis has made no investments or acquisitions yet.

Reports related to Sydnexis

Here is the latest report on Sydnexis's sector:
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News related to Sydnexis

Media has covered Sydnexis for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
•
Business Wire•Apr 01, 2025•Sydnexis
•
Eyewire•Mar 11, 2025•Sydnexis
•
Business Wire•Jul 16, 2024•Sydnexis, Novartis
•
intelligence360•May 27, 2024•Sydnexis
•
Eyewire•Jan 20, 2024•Sydnexis
•
Eyewire•Aug 10, 2021•Longitude Capital, Medicxi, RA Capital Management, SC Master Fund and 3 others
•
Eyewire•Aug 10, 2021•Santen Pharmaceuticals, Sydnexis
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