River BioMedics
River BioMedics is a biotech company that aims to develop human 3D in vitro 3D human heart tissue for pre-clinical drug testing.
Business Model:
Revenue: $0
Employees: 0-0
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Detailed River BioMedics Information
Geographic Data
Address:
City: Enschede
State: Overijssel
Zip:
Country: The Netherlands
Financial Info
Stage:
seed
Raised Last:
$2M
Raised Total:$2M
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Description
River BioMedics is a biotech company that aims to develop human 3D in vitro 3D human heart tissue for pre-clinical drug testing. Currently pharmaceutical companies spend a billion dollar figure on the development of a new drug entity, with a 90% chance of it failing to reach the market. The most common reason for failure during this developmental stage is drug induced cardiac toxicity. To solve this issue we develop 3D cardiac tissues, resembling the working human heart, for advanced drug discovery and toxicity screening using a multidisciplinary human stem cell-based approach.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2022 | Seed Round | $0 |
BioGeneration Ventures KIKK Capital OostNL BioGeneration Ventures KIKK Capital OostNL |
1/2022 | Seed Round | 3 | $2M |
BioGeneration Ventures KIKK Capital OostNL BioGeneration Ventures KIKK Capital OostNL |
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