The Catalan biotechnology company Allox has closed a funding round of 10.5 million dollars (about 9.4 million euros) led by Asabys, through its fund Sabadell Asabys II. Also participating were the CDTI –the center for technological development of the Ministry of Science, Innovation and Universities– and the Catalan Institute of Finance (ICF), the public financial entity of the Generalitat.

The manager Asabys Partners, a leading firm in life sciences investment, will launch a new investment fund of up to 120 million euros, primarily aimed at the technological transfer from universities and research centers to create new companies. Asabys has been selected in the Deep Start call, promoted by the Centre for the Development of Industrial Technology and Innovation (CDTI) –of the Spanish government– in collaboration with the European Investment Fund (EIF).