Tech Company Financing Transactions
Cellbox Solutions Funding Round
On 3/7/2023, Cellbox Solutions raised $6.9 million in Series A funding from NRW.BANK, CK Venture Capital and Fil Bros.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$6,920,000
Round
Series A
Investors
Proceeds Purpose
The proceeds of the round will be used to fund Cellbox Solution´s expansion to the US market and the further strengthening of its product portfolio with a special focus on the cell and gene therapy market. Company founder Prof. Dr. Kathrin Adlkofer said: "Cellbox provides unique solutions for `warm chain´ transport of fragile cells under safe, stable and fully monitored conditions."
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
An der Bahn 5, Norderstedt, Schleswig-Holstein
Kiel, 22844
DE
Kiel, 22844
DE
Phone
Website
Email Address
Overview
Cellbox Solutions is a young technology company situated in Northern Germany that focuses on innovative logistic solutions for the global BioMed industry. The product, a portable CO2 incubator provides a safe environment for the transport of living cells and biological structures under laboratory conditions. The initial idea to develop a portable CO2 incubator was born at the Fraunhofer Research Institution for Marine Biotechnology and Cell Technology (EMB) in Lübeck. Back then, the scientists were facing a well-known challenge: they had to transport slices of cardiomyocytes and were in need of a suitable transport device that would allow them to ship the cells under optimal conditions, e.g. at 37° and 5% CO2. A few years went by before Prof. Dr. Kathrin Adlkofer joined the Fraunhofer EMB and quickly realised the potential impact that such an incubator could have on
Management Team
Title
Name
Email & Social
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