{"id":42861,"date":"2015-11-03T00:00:00","date_gmt":"2015-11-02T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/octubre-2015-financiacion-para-el-el-sector-biotecnologico-innoup-farma-oryzon-genomics-mind-byte\/"},"modified":"2025-03-12T11:35:35","modified_gmt":"2025-03-12T10:35:35","slug":"octubre-2015-financiacion-para-el-el-sector-biotecnologico-innoup-farma-oryzon-genomics-mind-byte","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/octubre-2015-financiacion-para-el-el-sector-biotecnologico-innoup-farma-oryzon-genomics-mind-byte\/","title":{"rendered":"October 2015: Funding for the biotech sector: InnoUp Farma and Oryzon Genomics and Mind The Byte"},"content":{"rendered":"<p><span style=\"color: #000000;\">In the second half of October we have witnessed that two Spanish companies focused on cancer treatment solutions have received funding. In addition, the largest deal in Crowdequity for the biotech sector has also been closed. The protagonist of this operation has been Mind The byte.<\/span><\/p>\n<p><!--more--><\/p>\n<p><a href=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2020\/09\/bio-1.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-6751 size-full\" src=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2020\/09\/bio-1.jpg\" alt=\"bio\" width=\"1280\" height=\"720\" title=\"\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #3366ff;\"><strong>InnoUp Farma closes a \u20ac2M round<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"text-decoration: underline;\"><a href=\"http:\/\/innoupfarma.com\/\" target=\"_blank\" rel=\"noopener\">InnoUp Pharma<\/a>,\u00a0<\/span> which applies nanoparticle technology to oral drugs with the aim of reducing toxicity in cancer patients, has closed a \u20ac2M round.<\/span><\/p>\n<p><span style=\"color: #000000;\">Participating in the round were<span style=\"text-decoration: underline;\"> <a href=\"http:\/\/www.sodena.com\/index.php\/es\/\" target=\"_blank\" rel=\"noopener\">Sodena<\/a><\/span>, <a href=\"http:\/\/www.inveready.com\/\" target=\"_blank\" rel=\"noopener\">Inveready<\/a> and the Ministry of Economy and Competitiveness.<\/span><\/p>\n<p><span style=\"color: #000000;\">The round aims to complete the regulatory preclinical development of one of the leading intravenous anticancer drugs targeted at metastatic breast cancer.<\/span><\/p>\n<p><span style=\"color: #000000;\">InnoUp is already looking to the future and expects in less than two years to attract interest from other investors for further development and the securing of a relevant licensing agreement.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u00a0In June 2015, the company won the Entrepreneur XXI award, being recognised as the most successful company in the<strong>\u00a0<\/strong>Navarrese company with the greatest growth potential in Spain.<strong>\u00a0<\/strong><\/span><\/p>\n<p><span style=\"color: #3366ff;\"><strong>Oryzon increases capital by \u20ac16.5M<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.oryzon.com\/\" target=\"_blank\" rel=\"noopener\">Oryzon<\/a>,<\/span> which specialises in the development of therapies for oncology and neurodegenerative diseases, has announced that it has completed a \u20ac16.5 million capital increase in preparation for its IPO.<\/span><\/p>\n<p><span style=\"color: #000000;\">The objective of this round is to reinforce its research projects and to continue its international presence, in order to be able to go public on the MAB.<\/span><\/p>\n<p><span style=\"color: #000000;\">Among the new shareholders joining the firm are Joseph Fern\u00e1ndez, CEO of Active Motif, a US firm specialising in epigenetics, and founder of Invitrogen, with 1.03% of the capital, and the MAB Capital Fund of the Institut Catal\u00e0 de Finances (ICF).<\/span><\/p>\n<p><span style=\"color: #3366ff;\"><strong>Mind the byte closes the largest crowdequity round in the biotech sector in Spain<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Specialised in computational drug design services, the Catalan company Mind The Byte has closed a \u20ac234,310 round through the crowdequity platform. <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.elreferente.es\/crowdfunding\/crowdcube-mac-parish-oriol-cordon-y-pepe-borrell-emprendedores-fundadores-28589\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\"><strong>Crowdcube<\/strong><\/span><\/a>.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\">This figure is more than double the budget the company had set as a target at the start of the campaign.<\/span><\/p>\n<p><span style=\"color: #000000;\">115 private investors participated in the round. The average investment was<strong>\u00a0<\/strong><strong>2,037 euros<\/strong>The maximum investment was 80,000 euros.<\/span><\/p>\n<p><span style=\"color: #000000;\">The capital will be used to consolidate the company's expansion and internationalisation plan. <span style=\"text-decoration: underline;\">Mind the Byte <\/span>for which it has had the strategic support of ACCI\u00d3, of the Generalitat de Catalunya. The first step has been the opening of a subsidiary in the Copenhagen Bio Science Park, in one of the most dynamic European clusters in scientific innovation and technology transfer. The second will be \"to promote the commercialisation of our pay-per-use Drug Discovery SaaS platform in countries such as the United States, Denmark, Germany and Japan,\" says Dr. Alfons Nonell-Canals, founder and CEO of Mind the Byte.<\/span><\/p>\n<p><span style=\"color: #000000;\">If you are looking for funding for your biotech company, contact us. Abra-Invest has a team of experts in financing in the sector. Fill in the contact form or call us on +34 946424142.<\/span><\/p>\n<p><strong><span style=\"color: #3366ff;\">Other posts that may interest you<\/span><\/strong><\/p>\n<p><span style=\"text-decoration: underline; color: #000000;\"><a href=\"https:\/\/techma.bakertilly.es\/en\/operaciones-sector-biotecnologia-minoryx-suanfarma-ability-pharma-oryzon-genomics\/\"><span style=\"color: #000000; text-decoration: underline;\">Biotech sector operations: Minoryx, Suanfarma, Ability Pharma and Oryzon<\/span><\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline; color: #000000;\"><a href=\"https:\/\/techma.bakertilly.es\/en\/las-biotecnologicas-espanolas-se-internacionalizan-artax-biopharma-pharmamar-mind-byte\/\"><span style=\"color: #000000; text-decoration: underline;\">Biotech sector operations: Minoryx, Suanfarma, AbilitSpanish biotechs go international: Artax Biopharma, PharmaMar and Mind They Pharma and Oryzon<\/span><\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline; color: #000000;\"><a href=\"https:\/\/techma.bakertilly.es\/en\/novedades-inversion-biotecnologia-septiembre-2015\/\"><span style=\"color: #000000; text-decoration: underline;\">Biotech investment news September 2015: CaixaIpulse, Sanifit and Centauri Biotech<\/span><\/a><\/span><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>In the second half of October we have witnessed that two Spanish companies focused on cancer treatment solutions have received funding. In addition, the largest deal in Crowdequity for the biotech sector has also been closed. The protagonist of this operation has been Mind The byte.<\/p>","protected":false},"author":4,"featured_media":46413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1750],"tags":[238,260],"sectores":[],"tipo-contenido":[2260],"class_list":["post-42861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financiacion-sectorial","tag-biotecnologia","tag-financiacion-biotecnologia","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=42861"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media\/46413"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=42861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=42861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=42861"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=42861"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=42861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}