Oxford’s Organox Raises A £25 Million Profusion To Expand Its Commercial Footprint And Make Transplant Organs More Widely Available
Jul 17, 2023•about 2 years ago
Amount Raised
£25 Million
Investors
Lauxera Capital Partners
Description
Oxford-based medtech firm OrganOx has raised £25 million in growth investment as it looks to expand its commercial footprint. The company was founded in Oxford, as a spin out of the university, in 2008 – it says this growth funding is a step in the direction of getting its ducks in a row for an IPO.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech