The 12 closest competitors and alternatives to MgShell among medtech companies — ranked by similarity to what MgShell actually does, not by market-cap band.
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MgShell is a preclinical-stage biotechnology and drug delivery company focused on developing magnesium-based drug delivery systems. The company is headquartered in Milan, Italy.
MgShell is a medtech company headquartered in Italy. Its most recent funding round, Seed, raised $1.3M in April 2025. Xcout tracks 9 named people at MgShell, including Marco Ferroni (CEO).
3 more named people on record for MgShell, with roles, board committees and tenure — see the full roster →
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Seed | $1.3M | 6 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to MgShell by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Drug Delivery
Mana.bio is an AI-based drug delivery startup headquartered in Tel Aviv, Israel, focusing on gene therapy and lipid nanoparticle development for mRNA and oligonucleotide therapeutics. The company leverages artificial intelligence to create advanced platforms for next-generation vaccines and genetic medicines.
Drug Discovery
Generare is a biotechnology and artificial intelligence company headquartered in Paris, France, focused on commercial bioprospecting and decoding natural products.
Similar medtech company
IAMA Therapeutics is a clinical-stage pharmaceutical and biotechnology company founded in 2021 and headquartered in Genoa, Italy. The firm is dedicated to researching and developing innovative, disease-modifying medicines to treat brain disorders.
Drug Discovery
Founded in 2021 and headquartered in Shenzhen, China, MagicRNA Biotechnology Co., Ltd. is a clinical-stage biotechnology company focused on nucleic acid drug delivery and the research and development of next-generation mRNA and lipid nanoparticle technologies for the treatment of cancer and infectious diseases.
Drug Discovery
LUCA Science is a pre-clinical stage biotechnology company that develops functional mitochondria as therapeutic agents to treat damaged tissues and organs. The company utilizes a proprietary method to isolate functional mitochondria, combining it with advanced drug delivery and formulation technology to create storable biopharmaceutical agents.
Drug Discovery
Pharmacelera is a computational chemistry company based in Barcelona, Spain, that provides drug discovery services and solutions for biotech and pharmaceutical clients.
Drug Discovery
Pieris Pharmaceuticals, Inc. is a clinical-stage biotechnology company headquartered in Boston, Massachusetts. The company discovers and develops Anticalin-based drugs designed to address significant medical needs.
Drug Discovery
Dillico is a French company founded in 2022 and headquartered in Meylan, France. The company specializes in processing and unleashing the full potential of mRNA manufacturing. It provides technological solutions and collects data to support advanced biopharmaceutical production.
Drug Discovery
Smartbax is a biotechnology startup founded in Munich, Germany, in 2021, dedicated to developing innovative next-generation antibiotics to combat the rising threat of multidrug-resistant bacteria.
Drug Discovery
Gesynta Pharma AB is a pharmaceutical manufacturing company headquartered in Stockholm, Sweden, dedicated to developing innovative anti-inflammatory and pain-relieving therapies targeting the mPGES-1 enzyme.
Gene Therapy
Mirugen Pty Ltd is a preclinical biotechnology company founded in 2022 and headquartered in Melbourne, Australia, dedicated to reprogramming cells to unlock innate cellular functions.
Bio
Hijack Bio is a biotechnology company headquartered in London, United Kingdom, with a small team of researchers. The company specializes in the development of environmentally aware, targeted biogenic drug delivery systems.
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