Multiplicom, a Belgium-based biotech spin-out from the University of Antwerp has received €5.5m ($7.36m) from life science investors Gimv, PMV, Rudi Mariën, Qbic, and VIB.
GIMV, VIB and the University of Antwerp previously invested in the firm during a series A round in July 2011 which raised €2m ($2.68m).
Multiplicom, formed in 2010, said in a statement that the new funds will be used to accelerate growth. The firm specialises in the development, production, and sale of genetic tests based…
A new $35m fund will be managed by external venture studio High Alpha Innovation and will work with the university on creating new startups.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
