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Hans Petter Tjeldflaat has joined Biovotec AS as part-time CFO on the 29th of February. Hans Petter has a broad experience from similar positions in s...

Hans Petter Tjeldflaat Joins Biovotec As Part-time CFO

March 3, 2016

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NOK 15 Million Secured Through A Guarantee Consortium For Biovotec

Biovotec AS secured the establishment of a guarantee consortium of targeted NOK 15 Million. The guarantee consortium builds on the company goals, and enables to move forward into human clinical studies.

After only 3 weeks of actively establishing the consortium at the end of July, the targeted amount of the establishment was completed.

“Having done this placement in only 3 weeks with a newly formed company is outstanding, especially when you consider that more than half the guaranteers are new to the Biovotec family.” - Ralf Schmidt, CEO at Biovotec


The signing of the guarantee consortium was conducted at a pre money valuation of  NOK 150 million.

 

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