Canal Biosciences, Inc.
LOWELL, MA · Founded 2024 · CIK 0002128163 · Biotech · Private
TrueLink NGS library preparation technology that eliminates the need for end repair in next-generation sequencing workflows
canalbiosciences.com →- Grants
- —
- No SBIR or STTR on record
- Sector median: 1
- Raised
- $2.3M
- 1 Form D · Apr 2026
- 6 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 2
- 1 granted · 1 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓20252026
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $2,334,997 |
Form D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 1680 | MANDALMED, INC. | — | — |
| 1681 | PSQUARE SCIENTIFIC, LLC | — | — |
| 1682 | Madison Vaccines Inc | — | $2.4M |
| 1683 | Canal Biosciences, Inc. | — | $2.3M |
| 1684 | RENOVATE BIOSCIENCES, INC. | — | — |
| 1685 | CORE BIOTHERAPEUTICS INC | — | — |
| 1686 | HUMAN CELL CO | — | — |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Christopher BenoitDirector · Executive Officer
- Jack PercoskieExecutive Officer
- Yu ZhengDirector · Executive Officer
Patents
- Single-stranded End Preserving Adaptorsgranted
- Single-stranded End Preserving Adaptorsapplication
Regulatory activity · Biotech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.