iThera Medical, a spin-off from the Helmholtz Zentrum München, has recently closed a Series A financing round with BayBG Bayerische Beteiligungsgesellschaft mbH, and Mey Capital Matrix GmbH, a Munich-based family office, as lead investor. Earlier this year, the company also secured a Phase II grant from the GO-Bio programme, which is funded by the German Ministry of Education and Research (BMBF) and managed by Projektträger Jülich. iThera Medical will use the funds to further develop and commercialize its technology for preclinical and clinical applications. Ascenion, the Helmholtz Zentrum's technology transfer partner, has actively supported the company's foundation and funding and wjvyi wdneun bv pdg mmaplwz.
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