The Diario Vasco echoes the new investments in VIVEbiotech

On January 5th an article entitled “The biotechs are accelerated in Gipuzkoa with the entry of investors and multinationals” was published in the Diario Vasco, a local newspaper.

This interesting article details how in the last round of investors VIVEbiotech has captured 3.5 million euros from current shareholders and two venture capital funds, Easo Ventures and Inveready, with an additional million from CDTI (Center for Industrial Technological Development of the Spanish Government).

As noted by Dr. Gurutz Linasasoro, CEO of VIVEbiotech, "thanks to this successful capitalization we can undertake our expansion to meet the demands of our customers and a growing market." Dr. Linazasoro pointed out that investments like this are essential for the consolidation and take-off phases of biotechs.

In addition to VIVEbiotech, this article also reflects recent actions of other companies located in Gipuzkoa such as the agreement carried out between the Mondragón Corporation and Grifols, and the sustained commitment of Straumann to be located in Mendaro.

Thanks to the shareholders, Easo Ventures, Inveready and the CDTI for their contributions that will allow us to move forward with this exciting project.

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Mikeletegi Pasealekua 81, San Sebastián 20009, Gipuzkoa (SPAIN)