Novo Holdings Leads €7M Seed Investment in Bactolife

April 20, 2021

Novo Holdings (via its Novo Seeds team) led a €7 million seed round in Danish biotech Bactolife, committing €5 million to advance the company's pipeline. The funding will support development and scaling of Bactolife's anti-virulence Virulence Inactivating Proteins (VIPs) for animal and human gut health; Novo's Aleks Engel will join Bactolife's board.

Targets
Bactolife
Industry
Biotechnology
Location
Denmark
Transaction Type
Growth capital

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