ARTICLE | Financial News

Gemin X raises $50 million

May 20, 2005 12:34 AM UTC

Gemin X (Montreal, Canada) raised $50 million in a series D round co-led by H.I.G. Ventures and Sanderling. New investors Merlin BioMed Group and Pinnacle Biotech Ventures joined ProQuest Investments; Softbank; HBM BioVentures; MDS Capital; Ontario Teachers' Pension Plan; VantagePoint Venture Partners; CDP Capital; Business Development Bank of Canada; and Solidarity Fund QFL in the round. Also, Investissement Quebec's Biolevier Program provided Gemin X a $15.2 million loan facility. ...