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LimmaTech Biologics Adds Additional $3 Million in Series A Second Closing Bringing Total Raised to $40 Million

PRIVATEFeb 01, 2024

Amount Raised

$40 Million

Round Type

Series A

SchlierenBiotechnology Research

Investors

Novo Holdings Repair Impact FundAxa Im AltsAdjuvant CapitalTenmile

Description

LimmaTech Biologics announced a second closing of its Series A financing, raising an additional USD 3 million from new investor Tenmile, bringing the total raised to USD 40 million. The funding will be utilized to further advance the company’s proprietary self-adjuvanting and multi-antigen vaccine technology platform and to accelerate the preclinical and clinical development of its vaccine candidate pipeline designed to tackle the global antimicrobial resistance epidemic.

Quick answer

LimmaTech Biologics raised $40 Million in a Series A round, dated February 1, 2024. Investors: Novo Holdings Repair Impact Fund, Axa Im Alts, Adjuvant Capital and Tenmile. LimmaTech Biologics is based in Schlieren, Zurich, Switzerland.

How much did LimmaTech Biologics raise?
LimmaTech Biologics raised $40 Million in a Series A round on February 1, 2024.
Who invested in LimmaTech Biologics?
Novo Holdings Repair Impact Fund, Axa Im Alts, Adjuvant Capital and Tenmile are named as investors in this round.
What does LimmaTech Biologics do?
LimmaTech Biologics AG is a Swiss-based clinical stage biopharmaceutical company.
Where is LimmaTech Biologics based and how big is it?
LimmaTech Biologics is based in Schlieren, Zurich, Switzerland. Fundz records about 55 employees.
Who are the decision-makers at LimmaTech Biologics?
Fundz holds 2 contacts at LimmaTech Biologics, including the Co-Founder & CFO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology Research around the same time

Companies in the same sectors as LimmaTech Biologics that raised within 45 days of this round, from Fundz verified event records.

  • Baseimmune raised $11M (Series A) on February 26, 2024.
  • eFeed raised $10M (Seed) on February 21, 2024.
  • VRG Therapeutics raised $15M (Series B) on February 20, 2024.
  • Colipi raised $1.9M (Seed) on February 19, 2024.
  • FreezeM raised $14M (Series A) on February 15, 2024.
  • SingleTimeMicroneedles raised an undisclosed amount (Pre-Seed) on February 14, 2024.

Who to call at LimmaTech Biologics, and when

A new round usually means LimmaTech Biologics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day LimmaTech Biologics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

LimmaTech Biologics

Location

Schlieren, Zurich, Switzerland

About

LimmaTech Biologics AG is a Swiss-based clinical stage biopharmaceutical company. We are advancing our proprietary vaccine pipeline to halt the increasing threat of global infections due to emerging antibiotic resistance (AMR) and sexually transmitted diseases. In addition to our proprietary research, we also develop vaccines together with GSK.

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Related People

2 contacts
Verified contactsPaul W., Co-Founder & CFO hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

LimmaTech Biologics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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