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

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).