Fundz

Willow Biosciences Announces Completion Of Previously Announced Convertible Debenture Financing

PRIVATEOct 10, 2023

Round Type

Convertible Note

ManufacturingBiotechnology

Description

Willow Biosciences Inc. ("Willow" or the "Company") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable functional ingredients, is pleased to announce the completion of its previously announced offering of convertible debenture units of the Company (the "Debenture Units"), on a non-brokered private placement basis, for aggregate proceeds of C$800,000 (the "Offering"). The Offering was led by insiders including members of the Board of Directors and members of the senior management team of the Company, who subscribed for a total of C$515,000.

Quick answer

Willow Biosciences raised an undisclosed amount in a Convertible Note round, dated October 10, 2023.

How much did Willow Biosciences raise?
Willow Biosciences raised an undisclosed amount in a Convertible Note round on October 10, 2023.
What does Willow Biosciences do?
Willow develops and produces precision fermented functional ingredients for the health and wellness, food and beverage and personal care markets.
Who are the decision-makers at Willow Biosciences?
Fundz holds 1 contact at Willow Biosciences. 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 Willow Biosciences that raised within 45 days of this round, from Fundz verified event records.

  • Tenon Medical raised $1.3M (Seed) on November 21, 2023.
  • Sway raised $7M on November 21, 2023.
  • RCE Technologies raised $50K on November 20, 2023.
  • Solar Foods raised $8.7M (Series B) on November 20, 2023.
  • Route 92 Medical raised $31M (Series F) on November 16, 2023.
  • Nature's Toolbox raised $48M (Series B) on November 16, 2023.

Who to call at Willow Biosciences, and when

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Company Information

Company

Willow Biosciences

About

Willow develops and produces precision fermented functional ingredients for the health and wellness, food and beverage and personal care markets. Willow's FutureGrownTM and BioOxiTM platforms enable large-scale production with sustainability at its core.

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Related People

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