MIP Discovery closes £7M Series A financing to drive commercialization in cell and gene therapy space
Feb 20, 2024•almost 2 years ago
Amount Raised
$9 Million
Round Type
series a
Investors
Calculus CapitalMercia Ventures
Description
MIP Discovery has closed a £7 million GBP (~$9 million USD) Series A financing round, led by Mercia Ventures. The funding will be used to drive further commercialization of MIP Discovery’s novel synthetic affinity reagents within the cell and gene therapy space, along with supporting recruitment efforts to expand in-house cell and gene therapy expertise.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers