Tech Company Financing Transactions
Novel Biotechnology Funding Round
Ontario Centres of Excellence and private investors participated in a $2.5 million Seed funding round for Novel Biotechnology. The round was announced on 9/28/2023.
Transaction Overview
Company Name
Announced On
9/28/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its existing plasmid services business and expedite its platform R&D
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
81 Zenway Blvd, Unit 3A
Vaughan, Ontario, L4H 0S5
CA
Vaughan, Ontario, L4H 0S5
CA
Phone
Website
Email Address
Overview
Novel Biotechnology is a Synthetic Biology company focused on developing highly productive pDNA manufacturing platform. We also provide CRDMO and plasmid DNA manufacturing services to our clients.
Management Team
Title
Name
Email & Social
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