Real-Time Monitoring of Bioprocesses

IRUBIS closes EUR 2.8m seed round led by HTGF, Verve Ventures and Ventura BioMed Investors

10-Oct-2022 - Germany

Biotech startup IRUBIS, has raised EUR 2.8m in a seed financing round. The round was led by High-Tech Gründerfonds (HTGF), Verve Ventures and Ventura BioMed Investors with the participation of EIC Fund, the Initiative for Industrial Innovators and a number of business angels from the biotech industry or Munich startup scene.

IRUBIS

Founding team of IRUBIS: from left to right Lorenz Sykora-Mirle, Anja Müller and Alexander Geißler

IRUBIS was founded in September 2017 by Lorenz Sykora, Alexander Geißler and Anja Müller with the goal to automate the process development and manufacturing of biopharmaceutical drugs. IRUBIS innovative process analytical technology (PAT). Monipa, is based on mid infrared spectroscopy. The real-time monitoring system has been developed in close partnership with biopharma companies. The plug-and-play system simplifies the prediction  of metabolites and nutrients in cell cultivations and protein quantity and quality parameters in purification. Process monitoring and control enables higher yield, better quality and shortens the overall process development.

"This seed financing round boosts our mission of making spectroscopy the state of the art in real-time process monitoring. The fresh capital enables us to scale, grow our team, increase sales and introduce the next Monipa version to the market", Anja Müller, Co-Founder of IRUBIS.

"Sensitive and robust measurements without the need for additional time-consuming calibration are a long-sought necessity for the production of biopharmaceutical drugs. IRUBIS fills this need with their innovative and reliable Monipa technology. Together with our co-investors we are excited to the scale-up happening in the next year", Dr. Laura Pedroza, Investment Manager at High-Tech Gründerfonds.

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