This article has been updated from an earlier version to reflect that Biomax Solutions is independent of Biomax Informatics.
Investors included BayBG Bayerische Beteiligungsgesellschaft, Ecos Venture Capital Beteiligungs AG, and S-UBG Bayern Gesellschaft f r Unternehmensbeteiligungen. There was no lead investor, according to Biomax CFO Hein Osenberg.
Biomax plans to use the funding to develop new products and to expand its business in the