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Leniobio Closes Its Series-A Extension Round And Strengthens Its Board Of Directors

Mar 07, 2022•over 3 years ago

Round Type

series a

Düsseldorf

Description

LenioBio GmbH, a German life sciences biotech offering a disruptive protein manufacturing technology, ALiCE®, closed its Series-A Extension round with a total investment volume of €11.5 million. The investment round, which was closed in November 2021, is led by LenioBio's current investor Bridford Group, a PE investor focusing on founder-led businesses with long-term growth potential and concerned with societal or environmental welfare.

Company Information

Company

Lenio Bio

Location

Düsseldorf, North Rhine-Westphalia, Germany

About

LenioBio is a protein expression platform company committed to the advancement of transformative technology for the discovery, development, and large-scale production of proteins, unconstrained by the limitations of the cell. LenioBio was established as a legal entity in Germany in September 2016, with offices in Dusseldorf and R&D and production labs in Aachen. For more information visit www.leniobio.com and follow LenioBio on LinkedIn. Logo - https://mma.prnewswire.com/media/1758134/LenioBio_Logo.jpg SOURCE LenioBio GmbH

FundzWatch™ Score

68
Medium Activity

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