Midven has lead a £1.25m funding round into Cytox, a Birmingham medical sciences company which is developing a diagnostic test to facilitate the early identification of Alzheimer’s disease. NESTA and a group of serial angel investors were the other investors in the round.
First MBO in Italy for the GP, which will now start investing from its recently raised Fund VIII
Add-on comes after Mergermarket reported that the sale of Bergman had been suspended in March 2020
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
Existing investors Novo Holdings, Morningside Ventures and Brace Pharma Capital also participate