Tech Company Financing Transactions
Evosep Funding Round
Evosep closed a $40 million financing round on 1/9/2023. Backers included Novo Holdings.
Transaction Overview
Company Name
Announced On
1/9/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Novo Holdings (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance clinical applications of proteomics enabled by its standardized liquid chromatography platform, and further expand its presence globally, especially in the US market.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Buchwaldsgade 35, 3rd floor.
Odense C, DK-5000
DK
Odense C, DK-5000
DK
Phone
Undisclosed
Website
Email Address
Overview
At Evosep we aim to improve quality of life and patient care by radically innovating how protein based clinical diagnostics are performed, initially through collaborations with world-leading scientists about developing new technologies and solutions to make sample separation 10 times faster and 100 times more robust than todays' alternatives. Proteomics is about the study of proteins in a biological mechanism, both their individual function and their combined interactions. For clinical proteomics the goal is to be able to quickly and efficiently compare a biological sample against a profile panel of selected proteins in order to deliver a diagnose / verdict of healthy or diseased (within given statistical margins). Such a profile is typically called a biomarker and for official approval, it must be demonstrated successfully on a large population.
Management Team
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