The financing quantity of European Biotech seed stage firms has considerably elevated in recent times. Since 2017, the funding quantity has elevated by roughly 200% to EUR 296m in 2021 to this point. In June this 12 months, the collected quantity in 2021 had already exceeded the entire quantity of 2020.
As well as, the common seed financing quantity in 2021 to this point is EUR 4.7m in comparison with EUR 2.9m in 2020 which signifies a bent to bigger seed funding rounds within the European Biotech area. The biggest seed spherical since 2017 has been raised by Mestag Therapeutics in Could 2021 within the quantity of EUR 37m.