BioInnovation Institute provides EUR 7.8M in financial support as six promising companies enter its Venture House program

BioInnovation Institute Denmark United Kingdom United States of America

is developing novel medical devices for IV infusion therapy to ensure each patient receives the full prescribed dose without adding strain to already overburdened nursesFuse Vectors is developing a novel, infinitely scalable platform to manufacture viral vector-based gene therapies, which hold the promise to cure genetic illnesses through single-dose treatmentsFÆRM is an industry enabler of alternative dairy, offering various segments within the alternative proteins industry with solutions customized to their specific target group, followed by licensing of its patented enzyme technologyMetsystem determines whether and where cancer will metastasize, and which drugs will most effectively combat itNorFalk produces sustainable surfactants for the use in personal and household care consumer products

Since its inception in 2018, BII has supported 100 start-ups and projects with EUR 97 million alongside the venture capital, industry and business expertise it provides to help them accelerate to the next level.  In total, BII's start-ups have raised over EUR 428 million in external funding from both local and international investors.  Recent company successes include Embark Laboratories, Adcendo, Stipe Therapeutics, Twelve Bio, Octarine Bio, and Cirqle Biomedical.

Read more about the Venture House program here.

About the BioInnovation Institute Foundation:

At BioInnovation Institute (BII), we accelerate world-class life science start-up innovation for the benefit of people and society. As a non-profit institute, BII operates the company creation programs, Bio Studio, Venture Lab and Venture House, to support life science start-ups with knowledge, network, infrastructure and funding of up to 3M EUR per projects and 1,8 M EUR per start-up. With our expertise, network, funding, and infrastructure, we empower startups to succeed and believe in the transformative power of life science innovation. Read more on www.bioinnovationinstitute.com 

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