With 234,310 Euros from 115 investors we closed the last round of capital increase of Mind the Byte. It represents not only more than double of the initial goal (234%), but also it is the largest crowdequity round that there has been so far in the Spanish biotech sector.
The capital collected will be used to consolidate the expansion and internationalization plan of the company which started few months ago with the opening of a subsidiary in Copenhagen Bioscience Park (COBIS) in Copenhagen, one of Europe’s largest biopharmaceutical clusters. For this achievement Mind the Byte has been supported by ACCIÓ, Copenhagen Capacity and Invest in Denmark. The next step will be to promote the commercialization of our SaaS platform of computational drug discovery in countries such as Denmark, United States, Japan and Germany.
The round closed in 43 days, had a maximum investment of 80,000 Euros and a minimum of 50, being the average investment value of 2,037 Euros. This round has been managed with the crowdequity platform Crowdcube.