BayBG backs €5m series-B for Dynamic Biosensors
Bayerische Beteiligungsgesellschaft (BayBG) has taken part in a €5m series-B funding round for Martinsried-based medical devices developer Dynamic Biosensors.
Previous investors Bayern Kapital and UnternehmerTUM Venture Capital Partners also took part in the round.
The fresh capital will be used to broaden the product portfolio as well as stepping up marketing and sales activity.
Previous funding
Bayern Kapital and UnternehmerTUM took part in Dynamic Biosensor's first funding round alongside life sciences investor BioMag and German family offices in February 2013.
Company
Dynamic Biosensors is a medical devices developer, founded in 2012 and headquartered in Martinsried. The company develops sensors for the analysis of proteins and testing of new drugs. It has additional offices in Betchton (UK), Paris, San Diego, Tokyo and Singapore. It was originally founded as a spinout from the technical university of Munich.
People
Dynamic Biosensors – Frank Fischer, Wolfgang Kaiser, Ulrich Rant, Dirk Scholl, Ralf Strasse (founders).
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