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Pandorum Technologies secured $11 million in a pre-Series B funding led by Mr. Ashish Kacholia, Everest Finance Investment, and Acebright Pharma to advance regenerative therapy for corneal blindness.

PRIVATEMar 15, 2024

Amount Raised

$11 Million

Round Type

Series B

BengaluruBiotechnology

Investors

Indian Angel NetworkMr. Sunil Kant MunjalMs. Bandana KankaniAcebright PharmaEverest Finance InvestmentMr. Ashish Kacholia

Description

Pandorum Technologies, a leading biotechnology company, has successfully closed a pre-Series B funding round, securing $11 million in investment. The funding was sourced from notable investors including Mr. Ashish Kacholia, Everest Finance Investment, Acebright Pharma, and Ms. Bandana Kankani’s syndicate, along with existing investors Mr

Quick answer

Pandorum Technologies raised $11 Million in a Series B round, dated March 15, 2024. Investors: Indian Angel Network, Mr. Sunil Kant Munjal, Ms. Bandana Kankani, Acebright Pharma, Everest Finance Investment and Mr. Ashish Kacholia. Pandorum Technologies is based in Bengaluru, Karnataka, India.

How much did Pandorum Technologies raise?
Pandorum Technologies raised $11 Million in a Series B round on March 15, 2024.
Who invested in Pandorum Technologies?
Indian Angel Network, Mr. Sunil Kant Munjal, Ms. Bandana Kankani, Acebright Pharma, Everest Finance Investment and Mr. Ashish Kacholia are named as investors in this round.
What does Pandorum Technologies do?
Pandorum is a biotechnology company based out of the US and India, working in the field of Tissue Engineering and Regenerative Medicine.
Where is Pandorum Technologies based and how big is it?
Pandorum Technologies is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Pandorum Technologies?
Fundz holds 1 contact at Pandorum Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Prescriby raised $2.2M (Seed) on April 29, 2024.
  • Cerevance raised $47M (Series B) on April 29, 2024.
  • Locate Bio raised $12M (Debt Financing) on April 29, 2024.
  • Klineo raised $2.2M (Seed) on April 29, 2024.
  • 4P-Pharma raised $16M (Private Equity) on April 29, 2024.
  • AI Medical Technology raised $1.3M (Seed) on April 29, 2024.

Who to call at Pandorum Technologies, and when

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Company Information

Company

Pandorum Technologies

Location

Bengaluru, Karnataka, India

About

Pandorum is a biotechnology company based out of the US and India, working in the field of Tissue Engineering and Regenerative Medicine. With its distinct synergy of life science, engineering and clinical competences, at Pandorum, we have developed a proprietary technology platform which combines therapeutic exosomes with anti-inflammatory, anti-fibrotic properties derived from clinical grade human stem cells and biomaterials with tissue-mimetic properties – to promote efficient regeneration of human tissues, such as cornea, liver and lung. Pandorum has been supported by a number of Govt. grants (BIG, SBIRI) and awards, and have raised funding from marquee investors and VCs.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pandorum Technologies 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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