Tech Company Financing Transactions
CryoLogyx Funding Round
Oxford Technology and Innovations Fund, private investors and Wider Oxford Technology Angel Network participated in a $630 thousand Seed capital raise for CryoLogyx. The round was announced on 3/18/2024.
Transaction Overview
Company Name
Announced On
3/18/2024
Transaction Type
Venture Equity
Amount
$630,000
Round
Seed
Proceeds Purpose
The funding will be used to support commercialization of the company's cryopreserved cell technology, scale up production of its assay-ready cells, and expand its reach in the UK and Europe.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
The Venture Centre, Sir William Lyons Road
Coventry, CV4 7EZ
UK
Coventry, CV4 7EZ
UK
Phone
Undisclosed
Website
Email Address
Overview
CryoLogyx was founded by Dr. Tom Congdon and Professor Matt Gibson driven by their groundbreaking research in cryopreservation. They discovered a novel approach to freezing cells, significantly reducing post-thaw damage and enabling direct use from the freezer. This breakthrough not only shortened testing time but also empowered scientists to conduct research more efficiently.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Dan Hatfield
Chief Executive Officer
Tom Congdon
Chief Scientific Officer
Matt Gibson
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