Belgium s AlgoNomics Raises 1.8M Euros in Private Placement | GenomeWeb

NEW YORK, June 5 – Structural bioinformatics company AlgoNomics of Ghent, Belgium, said Tuesday it had raised 1.8 million euros ($1.5 million) in a second round of private financing.

The company will use the cash injection to accelerate the research, development, and commercialization of its products.

The investors who participated in the financing round include the KU Leuven Gemma-Frisius Fund, Trustcapital Technology, Fortis Private Equity, and Investco.

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