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Project: Financing
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The problem
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A German biotech company needed support in their fundraising for a first institutional round.
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The solution |
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The company’s objectives were redefined and the business plan was rewritten. The CEO/CTO function was taken over interimistically. The company was entered into a business plan competition and presented to venture capital funds.
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The outcome |
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The company won the first price in the business plan competition resulting in very positive publicity.
A large international venture capital fund took the lead for the financing round.
The company now has its first product in clinical development. |
