In this episode of the IBJ Podcast, BiomEdit CEO and founder Aaron Schacht talks about the strategy behind the company’s $18.4 million funding round and the changes the animal health startup had to make to secure the money it needed to bring its first product, CPerf LLV* (BE-101), to market.
The conversation covers the tough fundraising environment for venture capital during the round, and how BiomEdit adjusted its pitch and milestones to close an oversubscribed raise led by Anterra Capital with participation from Nutreco, AgriZeroNZ, Elevate Ventures and Betagro Ventures.
