Business - June 25, 2024
HiloProbe secures SEK 3 million in funding
HiloProbe has raised funding from existing owners. “The main focus of this capital injection is to initiate sales, enabling us to attract a larger amount of capital. We anticipate reaching a break-even point after that,” says Lina Olsson, CEO of HiloProbe. HiloProbe describes the interest in its product as “significant” and that the company is close […]
Financing - June 24, 2024
Sound Bioventures invests in US company NephroDI Therapeutics
Sound Bioventures has announced a new investment in NephroDI Therapeutics, a US-based, near-clinical stage pharmaceutical company focusing on concentration disorders of the kidney. In conjunction with this investment, Bibhash Mukhopadhyay, Managing Partner at Sound Bioventures, will join NephroDI’s Board of Directors. “At Sound Bioventures, we aim to back innovative companies working to address some of […]
Business article - June 20, 2024
HiloProbe secures SEK 3 million in funding
HiloProbe has raised funding from existing owners. “The main focus of this capital injection is to initiate sales, enabling us to attract a larger amount of capital. We anticipate reaching a break-even point after that,” says Lina Olsson, CEO of HiloProbe. HiloProbe describes the interest in its product as “significant” and that the company is close […]
Financing - June 19, 2024
Medfield Diagnostics files for bankruptcy
The Board of Directors of Medfield Diagnostics has decided to apply to declare the company bankrupt. The bankruptcy application was filed June 18, 2024, with the Gothenburg District Court and it has approved the file for bankruptcy of Medfield Diagnostics. The reason for the bankruptcy filing is that, despite intensive work in 2024, Medfield has not […]
Financing - June 10, 2024
Qlucore receives EU grant to advance personalized cancer treatment
Qlucore will receive an EIC Accelerator grant of EUR 2.5 million to accelerate the development of clinical cancer diagnostics solutions for acute myeloid leukemia (AML) as well as bladder cancer. In March the grant was made public and Qlucore is now starting the project and has received the first payment. The project will stretch over […]
Business article - June 4, 2024
EUR 1.8 million in EU funding elevates the life science sector in Umeå
Umeå is strengthening its position as a life science hub thanks to two regional development projects receiving around EUR 1.8 million (SEK 22 million) in EU support. These projects aim to boost innovation, collaboration, and industry growth. “This presents an opportunity to further elevate Umeå’s standing as a life science leader,” saysPeter Jacobsson, Operations Coordinator […]
