SciTech Development: Funding, Investors & Team (Oct 2026)
SciTech Development is a pharmaceutical company that specializes in cancer treatments. The company has created a Drug Delivery Platform (SDP) that allows scientists to create, develop, and patent new medications. One of their first patented drug candidates, ST-001-nanoFenretinide, combines SDP with the drug fenretinide to create a versatile anticancer treatment.
SciTech Development has raised $11.6M across 4 funding rounds on record, the most recent a Convertible Note of $5.5M announced in Sep 2025.
That round is below the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
SciTech Development Company Profile and Key Stats
Latest funding round on record: Sep 2025.
SciTech Development Funding Rounds
SciTech Development raised $2.7M in an undisclosed round announced in Jun 2023.
1 years later, an undisclosed round of $3.2M was announced in Jun 2024.
4 months later, an undisclosed round of $240k was announced in Oct 2024.
11 months later, a Convertible Note of $5.5M was announced in Sep 2025.
SciTech Development Founders and Leadership Team
Contact details for the SciTech Development team: 1 of 3 have an email address on file, 1 has a LinkedIn profile.
Start 14-day free trial →SciTech Development Funding Compared to Other Biotechnology Startups
SciTech Development's latest round of $5.5M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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SciTech Development Funding FAQs
What does SciTech Development do?
SciTech Development is a pharmaceutical company that specializes in cancer treatments. The company has created a Drug Delivery Platform (SDP) that allows scientists to create, develop, and patent new medications. One of their first patented drug candidates, ST-001-nanoFenretinide, combines SDP with the drug fenretinide to create a versatile anticancer treatment.
How much funding has SciTech Development raised?
SciTech Development has raised $11.6M across 4 rounds on record. The most recent is a Convertible Note of $5.5M announced in Sep 2025.
When did SciTech Development last raise funding?
SciTech Development's most recent funding round on record is a Convertible Note of $5.5M, announced in Sep 2025.
Who founded SciTech Development?
FundedIQ lists Earle Holsapple (Founder), Ralph Parchment (Founder) at SciTech Development.
Who is the CEO of SciTech Development?
Earle Holsapple III is listed as CEO at SciTech Development.
Where is SciTech Development headquartered?
SciTech Development is based in Grosse Pointe Farms, Michigan, United States.
How many employees does SciTech Development have?
SciTech Development is in the 1-10 employee band.
How does SciTech Development's funding compare to other Biotechnology startups?
SciTech Development's latest round of $5.5M is below the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.
About FundedIQ's SciTech Development Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SciTech Development is left off this page rather than filled in.
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