Tech Company Financing Transactions
Ironic Biotech Funding Round
On 4/4/2024, Ironic Biotech received $1.1 million in funding from Nordic Foodtech VC and private investors.
Transaction Overview
Company Name
Announced On
4/4/2024
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Undisclosed
Investors
Nordic Foodtech VC (Lead Investor) (Louise Heiberg)
Proceeds Purpose
The funding will be used for further R&D work, expanding the company's patent portfolio, and optimizing the production process.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Kungsgatan 3
Furulund, 244 63
Sweden
Furulund, 244 63
Sweden
Phone
Undisclosed
Website
Email Address
Overview
Ironic has developed a portfolio of patented non-animal heme iron compounds with absorption rates comparable to the iron in meat. These compounds are not magic, they are simply the result of many years of robust research. The compounds come from common edible plants, where they are found in tiny quantities.
Management Team
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