Seed financing round closed, undisclosed amount
December 2016, Switzerland / U.S. : InterAx Biotech AG has closed a seed financing round with a team of Boston based biotech investors.
2016
NOV 2016
November 2016, Switzerland: The Swiss UpStart Challenge took a total of nine months and was divided into three phases. After each of the three phases, a selection round took place. InterAx reached the final round and won a prize worth CHF 20’000.- The Challenge, in collaboration with Fachhochschule Nordwestschweiz (FHNW), helped to successfully improve InterAx business case in a competitive environment.
OCT 2016
October 2016, Basel Switzerland: Each year, outstanding technology-based innovations and developments from start-ups, universities and technical institutions as well as established businesses are awarded prizes in three categories. InterAx, in the category Inventors, has convinced the jury during a pitch about its breakthrough in research and development and has therefore been nominated among the three finalists.
JUN 2016
6th place at >>venture>> Business Plan competition for InterAx!
June 2016, Zürich, Switzerland: InterAx made it with a 6th place among 119 Business Plans! »venture» is an initiative of the ETH Zurich, McKinsey & Company Switzerland, Knecht Holding, the innovation promotion agency CTI, and École Polytechnique Fédérale de Lausanne (EPFL). The leading Swiss-wide startup competition supports young entrepreneurs in founding a company.
NOV 2016
April 2016, Switzerland: InterAx CEO Dr. Martin Ostermaier was selected as a 2016 Venture Leader. Chosen out of over 100 candidates by a panel of investors and high-tech entrepreneurs, Martin will travel to Boston in June for an intensive business development trip in partnership with swissnex Boston.
FEB 2016
February 2016, Switzerland: A jury of entrepreneurs, investors, and scientists has selected InterAx Biotech out of eight projects as a winner of the Venture Kick Final, and a CHF 130,000 investment.
Commenting on the award, InterAx Biotech CEO Dr. Martin Ostermaier said, “Venture Kick was more than winning a price, it was a process in which our team was challenged and during which the business case continuously improved. It helped to expand our network of investors and advisors, and also to connect with other startups. The lessons learned were essential and brought us faster and more focused forward,”
