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Fundraisings and IPOs

Date: 2011-09-28

Type of information: Fundraising

Company: ProteoNic (The Netherlands)

Investors: Fairbanks Investment Fund (USA) - existing shareholders

Amount: €6 million

Funding type: fundraising

Planned used:

The funding will be used to accelerate commercialization of ProteoNic’s proprietary UNic™ recombinant protein yield enhancement technology and expand the company’s capabilities in the area of cell line generation and contract services.

Others:

ProteoNic has successfully completed a € 6 mln equity financing round led by US-based Fairbanks Investment Fund (FIF), with existing shareholders participating.

Therapeutic area: Technology - Services

Is general: Yes