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Page 389

Owlstone Medical outdoes itself to raise $50m

Foxconn was among the investors in a $35m second tranche of a round also backed by Aviva Ventures which now stands at $50m.

Oct 4, 2018

Minoryx mines corporates for series B cash

Roche Venture Fund and Chiesi Ventures returned for a $25m round that lifted the orphan disease therapy developer's total funding to more than $51m.

Oct 4, 2018

Forbion forges $415m fund

ASR Insurances and KLP are among the limited partners in Forbion IV, which will invest in biopharmaceutical companies across Europe and North America.

Oct 3, 2018

Clin-e-cal clings onto funding

GM&C Life Sciences Fund has stumped up an unspecified sum for Manchester digital health app spinout Clin-e-cal, which creates apps focused on respiratory conditions.

Oct 3, 2018

Epishine powers up $1.3m

Linköping solar cell manufacturing spinout Epishine has received money from backers including LiU Holding arm after previously securing backing from Chalmers Ventures.

Oct 3, 2018

Xenergic puts together $890,000

Lund University spinout Xenergic has been backed by LU Holding to deliver power-saving technology for computer memory circuits.

Oct 3, 2018

Futurae authenticates $2m

Insurance firm Axa is among those backing ETH Zurich authentication technology spinout Futurae Technologies, which will use the capital for market expansion.

Oct 3, 2018

Meatable mashes up $3.5m

Meatable has secured the backing of a range of VC investors to commercialise a cultured hamburger based on Cambridge and Stanford patents.

Oct 2, 2018

PervasID registers $2.1m

Cambridge Enterprise, CIC and Parkwalk have returned to back locational data technology spinout PervasID as the business targets further growth in healthcare, retail and security.

Oct 2, 2018

Akselos couples to $10m

The MIT industrial modelling tool spinout received commitments from Innogy and Shell to drive further adoption of its products in the energy sector.

Oct 2, 2018
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