Commit Biologics Raises €16M to Accelerate Development of Cancer and Autoimmune Therapies

Commit Biologics Raises €16M in Seed Funding

Key Highlights:

• Seed Funding: Commit Biologics, a Denmark-based company specializing in activating the complement system to treat cancer and autoimmune disease, raised €16M in seed funding.
• Investors: Backed by Bioqube Ventures and Novo Holdings.
• BiCE™ Platform: Funds will be used to accelerate the development of Commit Biologics' Bispecific Complement Engaging (BiCE™) platform.

Commit Biologics' Target Market

• Target Market: Focus on the development of therapeutics for cancer and autoimmune diseases.
• Cancer Treatment: Offering innovative solutions to selectively kill cancer cells using the complement system.
• Autoimmune Disease Treatment: Developing therapies that target immune cells driving autoimmune diseases.

What Commit Biologics Needs to Buy

• Research and Development Partnerships: Collaborating with research institutions and biotech companies to advance the development of their BiCE™ platform.
• Manufacturing and Supply Chain Solutions: Partnering with manufacturers to ensure efficient production and distribution of their therapeutics.
• Regulatory and Clinical Expertise: Engaging with regulatory consultants and clinical research organizations to navigate the approval process and conduct clinical trials.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.