
Amadeus leads £2.2m round for Congenica
Amadeus Capital Partners has led a £2.2m series-A round for Congenica, a provider of technology for diagnosing rare genetic diseases in children.
Existing backer Cambridge Innovation Capital (CIC) also took part in the round, which will enable the company to invest in technological development.
The latest round brings the total amount raised by Congenica to £5m, including grants. It comes one month after the biotechnology business was awarded £2m by UK government-operated Genomics England.
The deal also marks Amadeus’s second investment in Cambridge-based biotech companies in less than a month, having recently led a £4m series-A for PhoreMost.
Previous funding
In December 2014, CIC invested up to £1m in Congenica to allow the business to accelerate the production of its Sapientia technology.
Company
Headquartered in Cambridge, Congenica is a provider of clinical genome analytics and clinical decision support for medical professionals, designed to enable the diagnosis of rare genetic diseases in children.
People
Hermann Hauser, a partner at Amadeus, will take a seat on the board at Congenica. Peter Keen is CEO of CIC. Tom Weaver is CEO of Congenica.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater