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MedinCell Successfully Renegotiates the Drawdown Conditions of the Last Tranche of the EIB Loan and Secures an Additional €5m of Non-Dilutive Funding

PRIVATEJun 10, 2020

Amount Raised

€5 Million

Round Type

Debt Financing

MontpellierBiotechnologyHealth CareScience And Engineering

Description

Regulatory News:

Quick answer

MedinCell raised €5 Million in a Debt Financing round, dated June 10, 2020. MedinCell is based in Montpellier, Occitania, France.

How much did MedinCell raise?
MedinCell raised €5 Million in a Debt Financing round on June 10, 2020.
What does MedinCell do?
MedinCell is a clinical stage pharmaceutical company that develops a portfolio of long-acting injectable products in various therapeutic areas by combining its proprietary BEPO® technology with active ingredients..
Where is MedinCell based and how big is it?
MedinCell is based in Montpellier, Occitania, France. Fundz records about 178 employees.
Who are the decision-makers at MedinCell?
Fundz holds 1 contact at MedinCell. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • Appili Therapeutics Inc. raised $1M (Seed) on June 24, 2020.
  • American Bitcoin raised $15M on June 24, 2020.
  • Cardiff Oncology raised $14M on June 23, 2020.
  • Checkmate Pharmaceuticals, Inc. raised $85M on June 18, 2020.
  • Cardiff Oncology raised $2.5M (Seed) on June 1, 2020.
  • Cardiff Oncology raised $810K (Seed) on May 21, 2020.

Who to call at MedinCell, and when

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

  • An alert the day MedinCell raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MedinCell, from your own LinkedIn network

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Company Information

Company

MedinCell

Location

Montpellier, Occitania, France

About

MedinCell is a clinical stage pharmaceutical company that develops a portfolio of long-acting injectable products in various therapeutic areas by combining its proprietary BEPO® technology with active ingredients already known and marketed. Through the controlled and extended release of the active pharmaceutical ingredient, MedinCell makes medical treatments more efficient, particularly thanks to improved compliance, i.e. compliance with medical prescriptions, and to a significant reduction in the quantity of medication required as part of a one-off or chronic treatment. The BEPO® technology makes it possible to control and guarantee the regular delivery of a drug at the optimal therapeutic dose for several days, weeks or months starting from the subcutaneous or local injection of a simple deposit of a few millimeters, fully bioresorbable. Based in Montpellier, MedinCell currently employs more than 140 people representing over 25 different nationalities.

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MedinCell 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.