Turbine Raises €20 Million In Series A Financing To Advance Programs & Partnerships Towards The Clinic With World’s First Cancer Cell Simulation Platform
Amount Raised
€20 Million
Round Type
Series A
Investors
Description
Turbine, a company developing a cell behavior simulation platform, today announced the closing of a €20 million Series A financing round. Mercia and MSD Global Health Innovation (GHI) Fund (MSD is the trade name of Merck & Co., Inc., Rahway NJ, USA) co-led the financing, joined by Day One Capital and existing investors Accel, Delin Ventures, and XTX Ventures. In conjunction with the financing, MSD GHI Fund and Mercia Asset Management have delegated members to Turbine's new Board.
Quick answer
Turbine raised €20 Million in a Series A round, dated November 22, 2022. Investors: Mercia Asset Management, Msd Ghi Fund, XTX Ventures, Delin Ventures, Day One Capital and MSD Global Health Innovation Fund.
- How much did Turbine raise?
- Turbine raised €20 Million in a Series A round on November 22, 2022.
- Who invested in Turbine?
- Mercia Asset Management, Msd Ghi Fund, XTX Ventures, Delin Ventures, Day One Capital and MSD Global Health Innovation Fund are named as investors in this round.
- What does Turbine do?
- Turbine was founded for a simple reason; to understand complex cancers better than existing experimental tools in order to solve unmet oncology needs.
- Who are the decision-makers at Turbine?
- Fundz holds 2 contacts at Turbine, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Health Diagnostics and Biotechnology around the same time
Companies in the same sectors as Turbine that raised within 45 days of this round, from Fundz verified event records.
- In-Med Prognostics raised $2.1M (Seed) on December 12, 2022.
- Ibex Medical Analytics raised $10M (Funding Round) on November 9, 2022.
- Anumana raised $32M on November 4, 2022.
- Carta Healthcare raised $20M (Series B) on November 2, 2022.
- Rocket One raised $10M on January 3, 2023.
- RegASK raised $10M (Series A) on December 15, 2022.
Who to call at Turbine, and when
A new round usually means Turbine is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Turbine raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Turbine, from your own LinkedIn network
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Funding Insights
What this usually meansTurbine 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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