Medical Tech Company Stablepharma Secures More Than £1.2 Million On Crowdcube | Crowdfund Insider
Summary
Stablepharma raised more than £1.2 million through an equity crowdfunding round on Crowdcube. The UK medical tech company is developing stable vaccines that can be stored and transported without refrigeration. The company says its approach could reduce vaccine waste and support delivery in regions with limited cold-chain infrastructure. It plans to use the new capital to advance clinical work, pilot-scale production, and commercialization. The round was originally set at £750,000 and offers 10.73% equity at a £10 million pre-money valuation.
Funding
Amount
$1.5M
Total raised
Date
June 30, 2019
Announcement date
Investors
Crowdcube, World Health Organization
Lead investors
Company
stablepharma.com
Funded company
Classifications
industries
Fintech & Banking
applications
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