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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.

As stated by the company.

Sources

  1. 1.Copenhagen’s Biograil raises €20 million for oral drug delivery device designed as an alternative to injections — EU-Startups, Nov 4, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Nov 4, 2026