Fundz

Ovagen raised €2M in a Series A funding round led by The Western Development Commission to accelerate the production of germ-free eggs for vaccine manufacturing.

PRIVATEOct 31, 2024

Amount Raised

€2 Million

Round Type

Series A

BallinaManufacturingBiotechnologyHealth Care

Investors

The Western Development Commission

Description

Ovagen, a biotechnology company based in Ballina, has secured €2M in a Series A equity investment round. The funding aims to scale up production of germ-free eggs, significantly reducing vaccine production failures and costs.

Quick answer

Ovagen raised €2 Million in a Series A round, dated October 31, 2024. Investors: The Western Development Commission. Ovagen is based in Ballina, Mayo, Ireland.

How much did Ovagen raise?
Ovagen raised €2 Million in a Series A round on October 31, 2024.
Who invested in Ovagen?
The Western Development Commission is named as investors in this round.
What does Ovagen do?
Ovagen is a biotechnology company specializing in the production of germ-free eggs.
Where is Ovagen based and how big is it?
Ovagen is based in Ballina, Mayo, Ireland. Fundz records about 10 employees.
Who are the decision-makers at Ovagen?
Fundz holds 1 contact at Ovagen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

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

  • Fibroheal Woundcare raised $742K (Pre-Series A) on December 15, 2024.
  • Nature's Toolbox raised $15M (Funding Round) on December 4, 2024.
  • miDiagnostics raised $32M (Series D) on December 4, 2024.
  • OSSIO raised $28M on December 2, 2024.
  • Intensity Therapeutics raised $3.6M (Seed) on November 21, 2024.
  • Theranautilus raised $1.2M (Seed) on November 19, 2024.

Who to call at Ovagen, and when

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

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  • The decision-makers there, with verified emails
  • Who you already know at Ovagen, from your own LinkedIn network

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Company Information

Company

Ovagen

Location

Ballina, Mayo, Ireland

About

Ovagen is a biotechnology company specializing in the production of germ-free eggs. Their innovative approach aims to eliminate vaccine production failures caused by bacterial contamination. With a focus on transformative breakthroughs in vaccine manufacturing, Ovagen collaborates with global vaccine manufacturers. Their technology has the potential to significantly reduce costs and improve public health outcomes.

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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

Ovagen 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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