# Spiderwort

**Source:** https://www.startuphub.ai/startups/spiderwort
**Profile type:** Startup

> Biotechnology company developing plant-based biomaterials for regenerative medicine and tissue engineering.

## About

Spiderwort Biotechnologies Inc. is a biotechnology company focused on creating innovative, plant-based biomaterials derived from cellulose. These materials serve as scaffolds for regenerative medicine, tissue engineering, and medical aesthetics, with promising applications in treating spinal cord injuries and soft tissue regeneration. The company aims to advance clinical trials for its products, CelluBridge and CelluJuve.

## Key facts

- **Slug:** spiderwort
- **Website:** https://www.spiderwort.com/
- **Location:** Ottawa, Canada
- **Founded:** 2015-08-01
- **Employees:** 17
- **Operating status:** Active
- **Total funding:** $16M
- **Sectors / tags:** Biotechnology, Regenerative Medicine, Tissue Engineering, Medical Devices, HealthTech, Biomaterials, Medical Aesthetics
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/spiderwort
  - Twitter: https://www.twitter.com/spiderwortbio
  - Facebook: https://www.facebook.com/spiderwort

## Frequently asked

### What does Spiderwort do?

Spiderwort Biotechnologies Inc. is a biotechnology company focused on creating innovative, plant-based biomaterials derived from cellulose. These materials serve as scaffolds for regenerative medicine, tissue engineering, and medical aesthetics, with promising applications in treating spinal cord injuries and soft tissue regeneration. The company aims to advance clinical trials for its products, CelluBridge and CelluJuve.

### What is Spiderwort's revenue?

StartupHub estimates Spiderwort's annual revenue at $2.4M (range $1.3M to $6.2M, 68% confidence), based on comparable companies in the sector.

### What is Spiderwort's valuation?

StartupHub estimates Spiderwort's effective valuation at $66.4M (range $40.5M to $97.2M, 10% confidence), based on comparable companies in the sector.

### How much funding has Spiderwort raised?

Spiderwort has raised a total of $16M in funding. The most recent round on record is Series A.

### Where is Spiderwort headquartered?

Spiderwort is headquartered in Ottawa, Canada.

### When was Spiderwort founded?

Spiderwort was founded in 2015.

### What industry does Spiderwort operate in?

Spiderwort operates in Biotechnology, Regenerative Medicine, Tissue Engineering, Medical Devices, HealthTech, Biomaterials.

### How many employees does Spiderwort have?

Spiderwort has approximately 17 people on record.

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