Tech Company Financing Transactions
Biomemory Funding Round
Crédit Mutuel Innovation, Blast.Club and Bpifrance participated in a $18 million Series A funding round for Biomemory. The funding round was announced on 12/10/2024.
Transaction Overview
Company Name
Announced On
12/10/2024
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to: Complete the development of the first generation of their data storage appliance optimized with their biotech processes. Accelerate the development of partnerships with industry players and cloud providers, Recruit talent in molecular biology, and engineering in order to accelerate the development of the product and accelerate the commercialization, Advance research into broader molecular-based solutions.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
4, place Jussieu
Paris, 75005
FR
Paris, 75005
FR
Phone
Undisclosed
Website
Email Address
Overview
Biomemory created a digital media capable of storing data with 1-million higher density than any SSD or Magnetic Tape.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Erfane Arwani
Chief Operating Officer
Lionel Arnaud
Chief Technical Officer
Pierre Crozet
Co-Founder
Stéphane Lemaire
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We do our best to document every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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