---
title: UgenTec raises 1.4M in seed funding
description: We are proud to announce that we have received more than €1M in venture capital funding from a group of Belgian investors.
image: https://www.ugentec.com/hubfs/ugentec/Blog/WU-TM.png
---

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# V3 UgenTec raises 1.4M in seed funding

[Wouter Uten](https://www.ugentec.com/en-us/blog/author/wouter-uten) | [Funding](https://www.ugentec.com/en-us/blog/tag/funding) | 23/03/2021

[![](https://www.ugentec.com/hubfs/ugentec/Blog/WU-TM.png) ](https://www.ugentec.com/en-us/blog/ugentec-has-raised-1.4m-in-seed-funding-0)

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](http://www.iwt.be), a government agency for Innovation by Science and Technology.

The investors include former MedHold CEO [Annie Vereecken](https://be.linkedin.com/in/annie-vereecken-ab8587102), Cartagenia CEO [Herman Verrelst](https://www.linkedin.com/in/hermanverrelst) and a KULeuven investment group led by professor [Bart De Moor](http://www.kuleuven.be/wieiswie/nl/person/00008904).

[LRM](http://www.lrm.be), a Belgian investment company, will also support UgenTec with a loan of €100,000.

Read the [official press release](http://www.prnewswire.com/news-releases/belgian-start-up-ugentec-receives-funding-from-european-investors-300063924.html).

Read the article in [Genomeweb](https://www.genomeweb.com/business-news/ugentec-raises-14m-investors-government-agency).

[![](https://www.ugentec.com/hubfs/2019SEP09-Grant-header-final@2x.png) ](https://www.ugentec.com/en-us/blog/epidemiological-monitoring-and-prediction-grant-0)

### [Innovating in epidemiological monitoring and prediction](https://www.ugentec.com/en-us/blog/epidemiological-monitoring-and-prediction-grant-0)

 UgenTec, an innovative software provider for molecular diagnostics, today announced it won a $550,000 (€490,000) grant from the Flemish government (VL...

[![](https://www.ugentec.com/hubfs/AACampaigns/SERIESA/SERIESA-header-blog.png) ](https://www.ugentec.com/en-us/blog/series-a-0)

### [Announcing our $ 9.3 million Series A funding](https://www.ugentec.com/en-us/blog/series-a-0)

 We're excited to announce our series A funding round. Existing and new investors subscribed to the round for a total worth of $9,3 million (€7,5 milli...

[![](https://www.ugentec.com/hubfs/AACampaigns/H2020/H2020-emailheader@2x.png) ](https://www.ugentec.com/en-us/blog/press-release-horizon2020-0)

### [UgenTec receives prestigious €50.000 European Horizon 2020 innovation grant](https://www.ugentec.com/en-us/blog/press-release-horizon2020-0)

 BRUSSELS, BELGIUM and HASSELT, BELGIUM—. UgenTec, the Belgian PCR automation software company is approved for the SME Instrument Phase 1 by the Europe...

[![](https://www.ugentec.com/hubfs/ugentec/Blog/NewFundslarge.png) ](https://www.ugentec.com/en-us/blog/ugentec-raises-2.15m-in-post-seed-funding-0)

### [V3 We've raised 2.15M in post-seed funding!](https://www.ugentec.com/en-us/blog/ugentec-raises-2.15m-in-post-seed-funding-0)

 UgenTec, the Belgian company that is developing independent PCR analysis software based on artificial intelligence and machine learning, closed a €2.1...

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