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Mtm laboratories raises €9mm with second round

Executive Summary

Cancer diagnostics company mtm laboratories AG has grossed €9mm ($10.5mm) with the first closing of its Series B round to new lead investor HBM BioVentures and returning investors Heidelberg Innovation and Mannheim Holdings. The company plans to raise another €3mm ($3.5mm) before the end of September.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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