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10th September 2021

Cambridge University biotech spinout PetMedix announces £27m Series B

PetMedix™ has announced the completion of an oversubscribed $37M (£27M) Series B financing round that will be used to advance its innovative pipeline through clinical development. The investment brings two new investors into PetMedix: global technology company Tencent and Japanese corporation Kyoritsu Holdings alongside strong continued support from U.S.-based investor Digitalis Ventures, and British funds Parkwalk Advisors and Cambridge Innovation Capital.

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