FAILDEX失樂園
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Synthase Biotech

The business, the turning points, and the decisions behind them.

Founded2015
FundingUS$6.3M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Synthase Biotech Ltd is a Hamilton, New Zealand-based biotechnology startup founded in 2015, commercialising a novel enzyme platform. Its flagship product Aloxsyn, a plant-derived enzyme with extraordinary specificity against toxic lipid peroxides, prevents and repairs oxidative damage to cell membranes - a key process in cellular damage and ageing. Starting in the livestock fertility space (frozen bull semen and cattle embryos for AI/IVF), it has run large-scale US trials with statistically significant results; it is backed by Matu Group and holds IP with pending patents. No failure has been reported; it remains active.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Company founded

    Synthase Biotech Ltd was founded in Hamilton, New Zealand, to commercialise its Aloxsyn enzyme platform.

  2. Funding and profile

    By 2019 the company had taken in around $3.4 million in funding and contributions; its seed round in January 2019 was led by Matu Group, and large-scale US livestock trials later showed statistically significant results.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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