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UgenTec raises 1.4M in seed funding

Wouter Uten | Funding | UgenTec | 10/04/2015

We are proud to announce that we have received more than €1M in venture capital funding from a group of Belgian investors and an additional €250 000 in research funds from the IWT, a government agency for Innovation by Science and Technology.

The investors include former MedHold CEO Annie Vereecken, Cartagenia CEO Herman Verrelst and a KULeuven investment group led by professor Bart De Moor.

LRM, a Belgian investment company, will also support UgenTec with a loan of €100,000.

Read the official press release.

Read the article in Genomeweb.