
Invercaria and la Caixa back nLife
Invercaria and la Caixa have invested €5m in Granada-based nanomedicine company nLife Therapeutics in exchange for a minority stake.
Invercaria invested €2.5m through the Jeremie Capital Riesgo fund while La Caixa provided the remaining €2.5m via Caixa Capital Risc and Caixa Capital Biomed.
The investment will underpin clinical trials and human subject research.
Company
Founded in 2009, n-Life develops nucleic acids therapeutics programs for major depressive disorder, oncology, obesity and a universal influenza DNA vaccine. The company is a joint venture owned by technology platform Dendrico, a Cross Road Biotech portfolio company, and biotechnology firm Nedken Solutions.
People
Laura Gómiz is CEO of Invercaria.
Advisers
Equity - Fornesa, Prada y Fernandez (Legal); PwC (Financial due diligence); Sterne, Kessler, Goldstein & Fox (Intellectual property due diligence).
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