A Kerala based start-up, Zaara Biotech, will receive funding for their project titled ‘Algae-Seaweed Technology’ by TCN International Commerce LLC based in UAE. The student start-up will raise $10 million or Rs 72.49 crore for production, research and development, distribution and marketing. Zaara biotech is a Biotechnology Start-up company established in 2016 focusing on Research…
LISCure Biosciences Inc., a biotech company that focuses on developing bacteria-mediated immunotherapy, has completed $21 million of a Series B funding round. Participants include institutional investors, venture capitals, and KOSDAQ listed companies (as strategic investors). This funding round will help LISCure further develop its pipeline and enhance its R&D capabilities of key technologies. It is…
Converge Biotech, a healthcare organization based in Hyderabad, has announced that it has entered into a long-term strategic alliance with OncoDNA, a Belgium-based theranostic and genomic company specializing in precision oncology, to personalize care for late stage cancer patients across India. OncoDNA’s solutions are designed to guide oncologists in the selection of the treatments based…
Biophytis SA, a clinical-stage biotechnology company specialized in the development of drug candidates for treatment of aged related diseases, including neuromuscular diseases, announced a €6.1 million private placement. The capital increase will be completed with the participation of institutional U.S. and European investors. H.C. Wainwright & Co., LLC is acting as the exclusive placement agent…
Synthetic biology company EnginZyme, recently announced that it has raised €6.4mn in Series A investment led by Sofinnova Partners. With the new investment, the company’s total funding stands over €10mn. The company plans to use these funds to accelerate the development of EnginZyme’s technology platform and take its first internal production process to pilot. The…
Biotech startup Arima Genomics Inc. has recently announced that it has completed Series A funding round led by Agilent Technologies and Cowin Venture. The funding round also saw participation from Vectr Ventures and Berkeley Catalyst Fund. The company plans to use these funds for expanding its commercial efforts and adding new applications to the existing…