Cereno Scientific has announced a new financing arrangement of at least SEK250m, with net proceeds expected to extend the runway into 2026, past several key clinical milestones. Secured from Fenja Capital and Arena Investors, the new financing includes a cash loan of SEK175m across two tranches and

12 Nov 2024
New SEK250m financing secures runway into 2026

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New SEK250m financing secures runway into 2026
- Published:
12 Nov 2024 -
Author:
Arron Aatkar | Jyoti Prakash, CFA -
Pages:
2 -
Cereno Scientific has announced a new financing arrangement of at least SEK250m, with net proceeds expected to extend the runway into 2026, past several key clinical milestones. Secured from Fenja Capital and Arena Investors, the new financing includes a cash loan of SEK175m across two tranches and