Skip to main content
< Back to news
Alfons Nonell, CEO of Mind the Byte, during the presentation of the first equity crowdfunding campaign at the Barcelona Science Park (Photo: Daniel Portals, PCB).
 11.07.2017

Mind the Byte raises 300,000 euros in its second equity crowdfunding

Mind the Byte has raised €309,220 from 138 investors in a new funding round through the equity crowdfunding platform Crowdcube. This capital injection will allow the company –located at the Barcelona Science Park– to boost an international expansion and accelerate a redefinition of its business model to cover the whole process of drug development. 

 

The investments went from a maximum of 35,000 euros to a minimum of 55 euros, being the average value 2,240 euros. Notably, many of the current shareholders have decided to participate in this funding round again.   

This figure adds to the 2015 campaign with Crowdcube –which concluded with a total of €234,31 double the funding target set by the company (234%)– making a total of more than half a million euros raised in two years via equity crowdfunding.  

All the funds collected will be used to boost the international expansion while keep developing the SaaS platform. In addition, the company will work to cover not only discovery stage, but the whole drug development process, by integrating different scientific disciplines plus, the use of new techniques on the field such as artificial intelligence and big data.   

► More information [+info]

► Related news [+info]