Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 10 2019

Biofourmis Singapore raises $35 million in Series B funding round

The fresh capital will be used by Biofourmis to expand its reach in the US and Asian markets.

Biofourmis Singapore raises $35 million in Series B funding round

Health-tech startup Biofourmis Singapore Pte Ltd has raised $35 million in Series B funding round from Venture capital firm Sequoia Capital India and the United States-based MassMutual Ventures.

The round has also seen participation from Singapore governmental agency Economic Development Board, Openspace Ventures and Aviva Ventures.

The fresh capital will be used by Biofourmis to expand its reach in the US and Asian markets as well as increase the strength of various teams that are core to its operations. With this investment, the company will further expand its Boston offices and move its headquarters there from Singapore.

Kuldeep Singh Rajput, Co-Founder and Chief Executive, Biofourmis, said, “The investment would also help in demonstrating the viability of the therapeutics platform. Our core focus has always been to optimise therapies to boost patient care and health outcomes.”

Anjana Sasidharan, Principal of Sequoia Capital India, stated, “The venture capital firm was confident about Biofourmis’ product offerings. They have already aligned with credible, high-quality institutional partners to successfully transition digital therapeutics from concept to reality.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Courier & Delivery
    sKart Global Express Pvt Ltd is a technology driven company..
    Locations looking for expansion Haryana
    Establishment year 1983
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Panorama Computronics Private Limited from 1987 appeared with a sole..
    Locations looking for expansion Maharashtra
    Establishment year 1987
    Franchising Launch Date 1987
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • About Us: Children are not things to be molded, but are..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ghaziabad Uttar Pardesh
  • Others Food Service
      Investment Brand Fee Space Staff Exp. Monthly Sales Profit ..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater indore Madhya Pradesh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities