Tech Company Financing Transactions
Novadip Biosciences Funding Round
CR-CP Life Science Fund, private investors and InvestSud joined a $39.9 million Series B funding round for Novadip Biosciences. The round was announced on 11/3/2022.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$39,900,000
Round
Series B
Investors
Proceeds Purpose
The funding will accelerate the clinical development of two of Novadip's investigational adipose stem cell (ASC)-derived tissue regeneration products: NVD-X3, an allogeneic therapeutic that can provide accelerated, durable bone union in spinal fusion procedures and non-healing fractures, and
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Watson & Crick Hill, Rue Granbonpré 11,
Mont-Saint-Guibert, 1435
Belgium
Mont-Saint-Guibert, 1435
Belgium
Phone
Website
Email Address
Overview
Novadip is transforming the lives of patients using its unique "3M3" tissue regeneration technology platform. Based on the scientific discoveries of Prof. Dr. Denis Dufrane, Novadip is a spin-off company from Université Catholique de Louvain (UCLouvain) and St. Luc University Hospital. The creation of Novadip was supported by the Louvain Technology Transfer Office (LTTO), Sopartec and VIVES II. Using our unique 3M3 tissue regeneration platform, which utilizes adipose-derived stem cells within a 3-dimensional extracellular matrix, to drive multiple product classes, Novadip's mission is to provide innovative solutions for patients with limited or no effective treatment options.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Eric Paques
Chief Executive Officer
Denis Dufrane
Chief Financial Officer
Virginie Cartage
Chief Technical Officer
Nicolas Theys
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