Financing - January 31, 2020
Follicum receives Vinnova grant
Follicum’s grant application to Vinnova to study binding of FOL peptides to receptors on pancreatic cells has been approved. Follicum is the coordinator of the project, which also includes Lund University and SARomics Biostructures. Parts of the project involve advanced analysis work to be performed at the new MAX IV synchrotron facility in Lund. Aims […]
Biotech Business - January 28, 2020
CARTANA’s In Situ Sequencing chosen as key enabling technology in European Horizon 2020 funded projects
The European Union’s Horizon 2020 funding program has confirmed support for six pilot European Human Cell Atlas projects designed to contribute to the international Human Cell Atlas initiative (HCA) with studies of the brain, uterus, lung, pancreas and human gonad development. In parallel, Swedish biotechnology company CARTANA has announced that it is to become a […]
Financing - January 23, 2020
Elypta raises €6 million
Elypta has raised €6.1 million in a late seed funding round closing in December 2019 and led by Industrifonden and Sciety. Norrsken Foundation’s newly raised impact fund also contributed, marking the first time the three entities have invested together. Other investors included Barcelona-based seed fund Nina Capital and Chalmers Ventures who has been an owner […]
Financing - January 18, 2020
“We are looking for great science and great people”
Christian Elling is Managing Partner at Lundbeckfonden Emerge, the early stage investment unit of Lundbeckfonden that has a range of investments in early stage Danish biotech companies. What kind of companies are you and your colleagues focusing your investments on? And what stages? “We seek to identify and initiate development of scientific opportunities that could […]
Biotech Business - January 15, 2020
Single Technologies raises SEK 15 million
Single Technologies has announced the completion of an oversubscribed SEK 15 million convertible bond issue. JOVB Holding acted as lead investor and the funds will be used to accelerate development of the company’s DNA sequencing platform Theta. The company was founded in 2014 following several years of research in single molecule imaging and biotechnology applications […]
Financing - January 9, 2020
Combinostics raises €3.9 million
Finnish Combinostics has announced the closure of a €3.9 million series A funding round that will see the company scale its platform for early-stage Alzheimer’s diagnosis to the US and Asia. The round was jointly-led by Industrifonden and NordicNinja VC, with Combinostics representing NordicNinja’s fifth deep tech investment over the past 6 months. “I would […]
