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News and Trends 8 Sep 2022

Cytiva launches BioChallenge in Southeast Asia to support biotech startups

Cytiva has launched its BioChallenge competition in Southeast Asia to help small to medium sized biotech companies in the fields of cell engineering, process development, as well as isolation and purification. Winners of the BioChallenge will be awarded up to SG$200,000 ($142,000) in FastTrak services so that they can scale up efficiently, mitigate risks, and […]

September 8, 2022 - 3 minutesmins - By Jim Cornall

News and Trends 17 Aug 2022

Scottish biotech startup secures funding for sustainable omega-3 production

MiAlgae, a Scottish biotech start-up, has secured new investment of £2.3 million ($2.8 million) to help drive the next stage of its growth journey. Established in 2016, MiAlgae has created a solution to producing a sustainable source of omega-3 for animal and human consumption. Championing the circular economy, the company has developed a novel biotechnology […]

August 17, 2022 - 3 minutesmins - By Jim Cornall

Best in Biotech 9 Aug 2022

The top five biotech startups in Lithuania

Here are five startups at the forefront of Lithuania’s growing biotech scene, showcasing innovations in protein engineering, gene editing and microfluidics. Despite its small population of fewer than 3 million people, Lithuania punches above its weight in the life sciences. For example, a major outlet of the lab supplier Thermo Fisher Scientific is based in […]

August 9, 2022 - 4 minutesmins - By Jonathan Smith

News and Trends 29 Jul 2022

Biotech startup Novasenta raises $40M to advance novel cancer therapeutics

Novasenta Inc., a U.S. startup biotech company focused on the discovery and validation of novel targets to develop cancer therapies, has completed $40 million in Series A financing. The round was led by UPMC Enterprises. The funding will allow Novasenta to advance its pipeline of antibody-based therapeutics and expand its computational platforms for target discovery, […]

July 29, 2022 - 3 minutesmins - By Jim Cornall

cancer shutterstock immunotherapy deep science ventures

News and Trends 26 Jul 2022

Deep Science Ventures deepens CRUK pact to co-found oncology startups

The venture builder Deep Science Ventures (DSV) has expanded an existing alliance with Cancer Research UK’s innovation-focused arm Cancer Research Horizons, with the mission to establish new oncology startups in the U.K. Just months after Cancer Research UK (CRUK) established its industry-orientated division Cancer Research Horizons, the research charity has doubled down on a collaboration […]

July 26, 2022 - 3 minutesmins - By Jonathan Smith

News and Trends 26 Jul 2022

Catalonia health startup investments in 2022 top €296M to overtake 2021 tally

Life sciences organization Biocat says midyear investment in startups in the BioRegion of Catalonia in Spain is 2.5 times higher than the same period last year, at €296 million ($301 million). The total for the entire year 2021 was €238 million ($242 million). The first semester included a round of €100 million ($101.8 million) by […]

July 26, 2022 - 5 minutesmins - By Jim Cornall

researchers in lab; biotech collaboration

News and Trends 20 Jul 2022

LabShares Newton doubles space for biotech startups and launches pitch contest

LabShares Newton has opened 19,000 square feet of new incubator lab space for startup biotechs and expects to open another 6,000-foot lab in September. LabShares’ new space incorporates 12 private suites, 15 lab benches in the open lab, and a comprehensive set of shared resources and equipment. All private suites have already been committed to […]

July 20, 2022 - 2 minutesmins - By Jim Cornall

News and Trends 14 Jul 2022

Boston startup bags $40M Series A to smash preclinical bottlenecks

The U.S. company Manifold Bio has raised $40 million in a Series A round to bankroll protein barcoding technology that could speed up the preclinical development of targeted cancer drugs. Two years after bagging a $5.4 million seed investment, the Boston-based protein drug developer Manifold Bio has hit the headlines with a $40 million round […]

July 14, 2022 - 3 minutesmins - By Jonathan Smith

News and Trends 8 Jul 2022

Biotech food colorant startup Phytolon seals $14.5M in funding

Phytolon, a developer of fermentation-based natural food colors, has secured $14.5 million in funding, led by DSM Venturing, to further progress its technology towards commercialization. Other participation came from Cibus Fund, Ginkgo Bioworks (in-kind investment in the form of Foundry services) and The Trendlines Agrifood Fund. Participation in the series A funding also includes some […]

July 8, 2022 - 2 minutesmins - By Jim Cornall

decentralized trial virtual clinical trial

News and Trends 29 Jun 2022

Global call for scientists and inventors to form new startup

A fourth start-up but the first of its kind sees some high-profile companies join forces in a hunt for new global research talent. AION Labs, an Israel-based alliance of AstraZeneca, Merck, Pfizer, Teva, Israel Biotech Fund and Amazon Web Services (AWS) are focusing their start-up on the ‘prediction of clinical trial outcome in biomarker-stratified cancer patient […]

June 29, 2022 - 3 minutesmins - By Liza Laws

News and Trends 28 Jun 2022

Time Partners closes £30M venture fund to back life sciences startups

Time Partners Limited has announced the final closing of its first advised fund, Time Boost Capital I LP, a £30 million ($36.6 million) genomics venture fund to provide match funding to startups graduating from Illumina Accelerator Cambridge, UK. Since opening in July 2020, Illumina Accelerator Cambridge has launched 13 startups focused on harnessing genomics applications […]

June 28, 2022 - 2 minutesmins - By Jim Cornall

News and Trends 27 Apr 2022

Cancer Research UK Deploys €700M to Foster Oncology Startups

In a show of strength after an income squeeze during the Covid-19 pandemic, the charity Cancer Research UK has dedicated €711M (£600M) to setting up a new innovation arm and seed fund designed to speed up the commercialization of oncology innovation. For decades, Cancer Research UK (CRUK) has played a pivotal role in nurturing advances […]

April 27, 2022 - 4 minutesmins - By Jonathan Smith

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