How Andrew Ryan’s Newchip Accelerator Empowered Stingray Therapeutics’ $2.5M Funding Victory [Video]

Newchip helped Stingray Therapeutics optimize its fundraising strategy by providing guidance on its investor outreach approach and helping it craft a stronger narrative that was both relevant and compelling. Stingray also leveraged the Newchip Connect platform to meet a diverse array of investors, which resulted in approximately $100K of capital raised. As its core investor pitch strengthened, Stingray Therapeutics was able to earn more press coverage and validation, which enabled it to increase its convertible note from $1.5M to $3M – it has since raised $2.5M.

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