News

Australian biomedical technology incubator Proto Axiom raises $15M in Series A funding

Australian biomedical technology incubator Proto Axiom has on Monday announced a second round of financing of $5 million, after its initial raise of $10 million last September.

This is the biotechnology firm’s final close on its Series A terms,  with new notable investors such as Melbourne-based Churchill Asset  Management, Riverlane Capital, and Eucalyptus founder Benny Kleist, Proto Axiom said in a statement.

The firm has also announced that it has invested in University of Sydney spin-out Endo Axiom.

Read the full article below at Technode Global - April 17th, 2023.

More news