Having achieved an initial close of $8m in September, the Helmholtz spinout has now closed its series C round at $10.3m.
iThera Medical, a Germany-based medical imaging spinout of environmental health research centre Helmholtz Zentrum München, added €2m ($2.3m) to its series C round last month to raise a total of $10.3m.
The extension was backed by Occident Ventures, the venture capital arm of investment group Occident, and family office Falk Strascheg Holding as well as BayBG, an investment division of Bavarian government funding agency LfA Förderbank Bayern.
The spinout had received an initial $8m in September 2018…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
