N-Power Medicine raised $72 Million in a Series B funding round led by Merck Global Health Innovation Fund
Jul 01, 2024•over 1 year ago
Amount Raised
$72 Million
Round Type
series b
Investors
A Us Based Healthcare Focused InvestorMerck Global Health Innovation Fund
Description
N-Power Medicine, a clinical research and drug development platform company, has announced the initial close of its Series B funding round, with participation by a US-based healthcare focused investor. The funding round led by Merck Global Health Innovation Fund brings its total funding to date to $72 Million.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech