
Biograil Undisclosed stage: €20M
Biograil raised €20 million (about $22.36 million) in an undisclosed stage round led by Verve Ventures and Megatrend Invest, announced Nov. 4.
Facts
- Company
- Biograil
- Amount
- €20 million (about $22.36 million)
- Currency
- EUR
- Stage
- Undisclosed stage
- Announced
- Nov 4, 2026
- FX rate
- 1 EUR = 1.1179 USD on Nov 3, 2026
Investors
Use of funds
Support ongoing activities for planned Phase 1 clinical testing of BIONDD, achieve non-clinical GLP studies, and establish manufacturing GMP process.
Sources
- 1.Copenhagen’s Biograil raises €20 million for oral drug delivery device designed as an alternative to injections — EU-Startups, Nov 4, 2026