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BioWorld - Monday, December 22, 2025
Home » Topics » Financings

Financings
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Sofregen raises $8M in series B for its silk protein technology

Dec. 17, 2019
By Meg Bryant
Medford, Mass.-based startup Sofregen Medical Inc. has picked up $8 million in a series B round led by Anzu Partners LLC. The money is earmarked for continued development of Sofregen’s silk protein-based technology and for commercialization of its U.S. FDA-cleared Silk Voice for people with vocal cord problems.
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Financings for Dec. 17, 2019

Dec. 17, 2019
Med-tech firms raising money in public or private financings.
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Nkmax America secures $11M in seed round, eyes NASDAQ listing

Dec. 17, 2019
By Jihyun Kim
HONG KONG –Nkmax America Inc., of Santa Ana, Calif., a natural killer (NK) cell-based therapy developer, has secured $11 million in a seed funding round. It is the company’s first funding round in the U.S. capital market. The company is owned by South Korean biotech firm Nkmax Co. Ltd. based in Seongnam.
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Financings for Dec. 17, 2019

Dec. 17, 2019
Biopharmas raising money in public or private financings.
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Vascular access startup Velano raises $25M to expand market, roll-out new products

Dec. 17, 2019
By Stacy Lawrence
San Francisco-based Velano Vascular Inc. has closed the second tranche of a $25 million financing that is slated to back ongoing commercialization of its PIVO device that uses an existing peripheral IV line for a blood draw. It also aims to roll-out a new, undisclosed product in 2020.
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Brain and DNA

Aspen secures $6.5M seed round for autologous neuron replacement in Parkinson’s

Dec. 16, 2019
By Stacy Lawrence
Aspen Neuroscience Inc. hopes to get into the clinic to test autologous neuron replacement in Parkinson’s disease with a $6.5 million seed round. The financing featured several established life sciences venture investors; it was led by Domain Associates and Axon Ventures and included Alexandria Venture Investments, Arch Venture Partners, Orbimed, and Section 32.
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Chinese investors launch new AU$45M fund to develop South Australian biotech

Dec. 16, 2019
By Tamra Sami
PERTH, Australia – Private Chinese investors have launched a new AU$45 million (US$31.17 million) investment fund to accelerate the development and commercialization of new biotechnology from South Australia for the global market. The Adelaide China Biotech Investment Fund is backed by a group of private investors based in Nanjing, China, underwritten by the Bank of Nanjing.
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Aprogen listed as South Korea’s first biotech unicorn

Dec. 16, 2019
By Jihyun Kim
HONG KONG - With a corporate valuation of $1.04 billion, the South Korean biosimilar company Aprogen Inc. has become the country’s first biotech “unicorn,” according to U.S. market research firm CB Insights. Korea now ranks fifth, tied with Germany, in terms of the number of unicorns, with total of 11 unicorns, a term used to describe private ventures with $1 billion-plus valuations.
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Financings for Dec. 16, 2019

Dec. 16, 2019
Med-tech firms raising money in public or private financings.
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Financings for Dec. 16, 2019

Dec. 16, 2019
Biopharmas raising money in public or private financings.
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