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Finnish biotech NADMED raised $3.5M in Series A funding led by Nordic Science Investments to bring CE-marked NAD testing kits to the market.

PRIVATEAug 22, 2024

Amount Raised

$3.5 Million

Round Type

Series A

HelsinkiBiotechnologyHealth Care

Investors

University Of Helsinki FundsVoima VenturesNordic Science Investments

Description

NADMED has secured $3.5 million in Series A funding to enter into the US and other international markets with its proprietary NAD measurement technology. The funding round was led by Nordic Science Investments, along with contributions from previous investors and a Business Finland grant.

Quick answer

NADMED raised $3.5 Million in a Series A round, dated August 22, 2024. Investors: University Of Helsinki Funds, Voima Ventures and Nordic Science Investments. NADMED is based in Helsinki, Uusimaa, Finland.

How much did NADMED raise?
NADMED raised $3.5 Million in a Series A round on August 22, 2024.
Who invested in NADMED?
University Of Helsinki Funds, Voima Ventures and Nordic Science Investments are named as investors in this round.
What does NADMED do?
NADMED Oy is a startup company bringing to market a new accurate high-throughput method to measure NADs from whole blood and other sample matrices.
Where is NADMED based and how big is it?
NADMED is based in Helsinki, Uusimaa, Finland.
Who are the decision-makers at NADMED?
Fundz holds 1 contact at NADMED. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

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

  • Medeloop raised $15M on October 4, 2024.
  • Ai Health Highway raised $1M (Pre-Series A) on October 4, 2024.
  • ProEncia Biotechnology raised $1.5M (Pre-Seed) on October 4, 2024.
  • Oncare raised $1M (Seed) on October 3, 2024.
  • Insight Molecular Diagnostics Inc. raised $10M on October 2, 2024.
  • Xeptiva raised $2.5M (Seed) on October 2, 2024.

Who to call at NADMED, and when

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Company Information

Company

NADMED

Location

Helsinki, Uusimaa, Finland

About

NADMED Oy is a startup company bringing to market a new accurate high-throughput method to measure NADs from whole blood and other sample matrices.

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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

NADMED 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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