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The Daily Newsletter from Science Park

Science is simply the word we use to describe a method of organizing our curiosity - Tim Minchin

In today’s Newsletter, we’ll take a look at the aquaculture startup that has raised Rs.50Cr in Series A funding, the potential that Gene therapy has in Retinal Care and much more.

Aquaexchange raises Rs.50cr in Series A funding

Aquaculture Startup Aqua Exchange

  • Vijayawada-based startup AquaExchange has secured $6 million in Series A funding led by Ocean 14 Capital, with participation from existing investors such as Endiya Partners and Accion Venture Labs.

  • The funding will support AquaExchange in scaling its full-stack business model, encompassing farm automation, crop financing, and harvest procurement in aquaculture.

  • AquaExchange aims to expand its presence in international markets for exporting its aquaculture technology devices.

  • The startup previously raised $3 million in June 2022.

  • AquaExchange's patented technology product, PowerMon, utilizes machine learning to monitor aquafarm power consumption, allowing farmers to track aerators, oxygen levels, and operational issues via mobile phones.

  • The company is finalizing another technology for feed management, leveraging automation to ensure even and timely distribution, reducing feed wastage.

  • AquaExchange founder Pavan Kosaraju expresses commitment to transforming aquaculture through technology.

The promise that Stem Cell Promises : STATvirtual Event

STATvirtual Event

  • A forthcoming #STATVirtual event on February 7 will focus on human stem cells and their potential in research and clinical applications.

  • The event will feature the Chief Scientific Officer (CSO) of @CellDynamics, shedding light on the role of stem cells in medical research and treatment.

  • Stem cells play a crucial role in regenerative medicine, disease modeling, and drug discovery, offering diverse applications in healthcare.

  • Additionally, Bifrost Biosystems, a leader in cellular research technologies, is making strides in linking single-cell phenotypes to genes for better understanding disease biology.

  • The event anticipates insightful discussions on the future of stem cell research and clinical applications.

The revolutionising potential of Gene Therapy in Retinal Care

Gene Therapy

  • Gene therapy is advancing rapidly, particularly in treating retinal diseases, with approximately 20 FDA-approved therapies.

  • Luxturna and CRISPR exa-cel are among the approved therapies, showcasing promise in treating conditions like Leber congenital amaurosis and sickle cell disease.

  • ABBV-RGX-314 trials for neovascular age-related macular degeneration demonstrate positive results, including increased protein levels and reduced treatment burden.

  • Innovative gene therapy approaches include gene augmentation, genome editing, and gene-agnostic methods.

  • Atsena Therapeutics employs AAV technology in clinical trials for gene therapy, targeting various retinal diseases.

  • Advancements in retinal gene therapy and photobiomodulation show potential in reversing damage caused by ischemic retinopathy.

  • Emerging technologies may prevent vision loss and restore vision in ischemic retinopathy patients.

  • While some gene therapies face challenges, ongoing research and improved methods indicate progress in retinal care.

  • A UK study on inherited retinal diseases identifies genetic bases, informing future diagnoses and eligibility for gene-directed therapies.

  • Despite challenges, gene therapy in retinal care is evolving with enhanced vectors, transgenes, and delivery methods, holding promise for the future of retinal care.

Space X Successfully Completes docking in International Space Station (ISS)

Space X

  • Axiom Mission 3, a SpaceX flight, successfully docked on the International Space Station (ISS).

  • The Falcon rocket launched from NASA's Kennedy Space Center carrying Italian, Swedish, and Turkish astronauts.

  • The crew, including Turkey's first astronaut Alper Gezeravci, will spend two weeks on the ISS performing experiments and engaging with schoolchildren.

  • The private flight was arranged by Axiom Space, with a retired NASA astronaut accompanying the team.

  • Each of the participating countries, Italy, Sweden, and Turkey, is investing $55 million or more in the mission.

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