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PK MED receives a non-dilutive DeepTech grant of 1.5 million Euros from Bpifrance for the development of a local cell homing implant to enhance bone marrow transplantation.

PRIVATEJul 24, 2024

Amount Raised

€1.5 Million

Round Type

Grant

ParisBiotechnologyHealth Care

Investors

Bpifrance

Description

PK MED, a privately owned French biotechnology company founded in 2019 by Truffle Capital, announced the receipt of a non-dilutive DeepTech grant of 1.5 million Euros from Bpifrance. The funding will accelerate the company's project PKM-02, which involves an innovative cell homing technology aimed at improving bone marrow transplantation for diseases with high medical needs such as leukemias and hemoglobinopathies.

Quick answer

PK MED raised €1.5 Million in a Grant round, dated July 24, 2024. Investors: Bpifrance. PK MED is based in Paris, Ile-de-France, France.

How much did PK MED raise?
PK MED raised €1.5 Million in a Grant round on July 24, 2024.
Who invested in PK MED?
Bpifrance is named as investors in this round.
What does PK MED do?
PK MED is a French biotechnology company founded in 2019 by Truffle Capital, specializing in developing injectable smart implants for drug release in rheumatology and cell homing in bone marrow transplantations.
Where is PK MED based and how big is it?
PK MED is based in Paris, Ile-de-France, France. Fundz records about 10 employees.
Who are the decision-makers at PK MED?
Fundz holds 1 contact at PK MED. 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 PK MED that raised within 45 days of this round, from Fundz verified event records.

  • TippingPoint Biosciences raised an undisclosed amount (Pre-Seed) on September 5, 2024.
  • HDAX Therapeutics raised $3.2M (Seed) on September 5, 2024.
  • PatientPartner raised $7M (Seed) on September 4, 2024.
  • HEPTA Medical raised $6.3M (Series A) on September 4, 2024.
  • Arsenal Biosciences raised $325M (Series C) on September 4, 2024.
  • Safe Superintelligence raised $1B (Convertible Note) on September 4, 2024.

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Company Information

Company

PK MED

Location

Paris, Ile-de-France, France

About

PK MED is a French biotechnology company founded in 2019 by Truffle Capital, specializing in developing injectable smart implants for drug release in rheumatology and cell homing in bone marrow transplantations. Their unique expertise and technological know-how enable the advancement of existing systemic treatments into new, safer, and more effective patented local therapies.

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