Life sciences spin-out Cartegnia attracts funding from its parent university Leuven.
Cartagenia, spun out of Leuven University’s bioinformatics department in 2008, has closed a €4.25m ($5.9m) funding round. Investors included existing shareholders Capricorn ICT Arkiv – a Leuven-based fund focussing on digital healthcare and big data – and Flemish investment company PMV, as well as Gemma Frisius Fund, the venture fund of Leuven University. A member of Cartagenia’s management team also invested.
Both Gemma Frisius Fund and PMV are previous investors, as they contributed to the company’s previous funding round of…
