Amount Raised
£9.2 Million
Round Type
Debt Financing
NottinghamBiotechnologyHealth CareMedicalInvestors
Description
Locate Bio has successfully completed an oversubscribed £9.2 million debt financing round from both new investors and existing investors, Mercia Ventures and BGF. The proceeds will fund a clinical study of LDGraft, a bone graft substitute for spinal fusion.
Quick answer
Locate Bio raised £9.2 Million in a Debt Financing round, dated April 29, 2024. Investors: Bgf and Mercia Ventures. Locate Bio is based in Nottingham, England, United Kingdom.
- How much did Locate Bio raise?
- Locate Bio raised £9.2 Million in a Debt Financing round on April 29, 2024.
- Who invested in Locate Bio?
- Bgf and Mercia Ventures are named as investors in this round.
- What does Locate Bio do?
- We are LOCATE BIO, and we are developing next-generation products for surgeons so they can relieve suffering and restore quality of life for the 1.7 billion people around the globe who suffer from musculoskeletal..
- Where is Locate Bio based and how big is it?
- Locate Bio is based in Nottingham, England, United Kingdom.
- Who are the decision-makers at Locate Bio?
- Fundz holds 1 contact at Locate Bio. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Biotechnology around the same time
Companies in the same sectors as Locate Bio that raised within 45 days of this round, from Fundz verified event records.
- UPyTher raised $1.5M (Seed) on June 13, 2024.
- Leo Cancer Care raised an undisclosed amount (Series C) on June 11, 2024.
- i'SUPPLY raised $2.5M (Pre-Series A) on June 11, 2024.
- Novocuff raised $6.8M on June 4, 2024.
- Aptose Biosciences raised $4.4M (Seed) on June 3, 2024.
- Streamex Corp. raised $3M (Seed) on May 29, 2024.
Who to call at Locate Bio, and when
A new round usually means Locate Bio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Locate Bio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Locate Bio, from your own LinkedIn network
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Fundz sees it the moment Locate Bio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Locate Bio 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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