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Ardana raises £20mm in Series B round; adds another £9mm

Executive Summary

Ardana Bioscience Ltd. (reproductive health treatments) brought in £20mm ($32.4mm) in its Series B round led by Techno Venture Management. New investor ISIS Equity Partners (the private equity arm of ISIS Asset Management) participated along with existing shareholders Merlin Biosciences, MVM Ltd., 3i, ABN-AMRO, and Green Highlander.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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