Fundz

Optics11 Life Raises €5 Million In Funding For Superior Life Science Instruments

PRIVATESep 29, 2022

Amount Raised

€5 Million

Round Type

Funding Round

AmsterdamManufacturingBiotechnology

Description

Optics11 Life, the fiber optics life science instrumentation company, announced today €5 million in new venture capital from Forward.ONE and returning investor Value Creation Capital. The funding will support the rollout of new products applying Optics11 Life's novel technology for experiments at scale requiring high-throughput screening of in vitro models and biomaterials.

Quick answer

Optics11 Life raised €5 Million in a Funding Round round, dated September 29, 2022. Optics11 Life is based in Amsterdam, North Holland, Netherlands.

How much did Optics11 Life raise?
Optics11 Life raised €5 Million in a Funding Round round on September 29, 2022.
What does Optics11 Life do?
Optics11 Life is addressing a large market opportunity.
Where is Optics11 Life based and how big is it?
Optics11 Life is based in Amsterdam, North Holland, Netherlands.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Optics11 Life that raised within 45 days of this round, from Fundz verified event records.

  • The Shape Sensing Company raised an undisclosed amount (Funding Round) on November 10, 2022.
  • Cerus raised an undisclosed amount (Grant) on November 2, 2022.
  • Heritage Cannabis raised an undisclosed amount on November 2, 2022.
  • Biocoat raised an undisclosed amount on November 2, 2022.
  • Vitro3D raised $1.3M (Seed) on November 2, 2022.
  • Applied UV raised an undisclosed amount (Debt Financing) on November 1, 2022.

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Company Information

Company

Optics11 Life

Location

Amsterdam, North Holland, Netherlands

About

Optics11 Life is addressing a large market opportunity. Medical treatment is going through a multi-faceted revolution. Drug development is seeing a paradigm shift towards 3D cell culture and Organ-On-a-Chip (OOC), thereby drastically reducing development cost, failure rates, and time to market of vital treatments. Regenerative medicine, which aims to replace damaged tissue in patients based with stem cell-based engineered tissue, will provide a cure for previously untreatable conditions, and contribute to a solution for the shortage of organs for transplantation. These fields are now developing at a high pace, starting in academia and in R&D and moving towards near-future industrial value chains. This will revolutionize medical treatment in many ways. These changes require new instrumentation, both to drive progress, to validate the achievements, and to monitor and control the future industrial processes One of the driving forces behind both the revolution in regenerative medicine as well as Organ-On-a-Chip is a deepened understanding of the role of mechanics and forces in physiology and disease. From stem cells to organoids, from hydrogels to engineered tissues, it is becoming increasingly clear that the mechano-biological state is of major importance to the biological processes. Being able to characterize, monitor, and control the mechano-biological state is going to be a key element in the emerging chains. Optics11 Life is at the leading edge of these emerging industries and is extremely well equipped to be able to provide the key instrumentation that these new industrial chains will need. If you want to learn more about our products or want to become part of our highly motivated team, please have a look at www.optics11life.com or contact us via info@optics11.com. Feel free to follow us on LinkedIn to stay up-to-date on our latest progress!

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Optics11 Life 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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