Entrepreneurs raise DKK 10 million to help sperm quality test penetrate lucrative US market
Valby-based company Motilitycount, which obtained FDA approval for its sperm quality test last year, has raised DKK 10 million (USD 1.4 million) through new investors and debt conversion. The money makes it possible for the company to go from being a startup to a scaleup firm, the CEO says.
BY ALBERT RØNNING-ANDERSSON, TRANSLATED BY CATHERINE BRETT
Avoid a trip to the doctor or fertility clinic.
Motilitycount, which is a startup based in Copenhagen, wants to spin gold in the USA from its home testing kit for sperm quality in humans, and in time, animals.
Det Konservative Folkeparti stemte som eneste parti i Folketinget imod statsstøtten på op mod 800 mio. kr. til Bavarian Nordics udvikling af en covid-19-vaccine, men partiet ønsker ikke at kommentere, hvorfor de tog afstand fra det statslige samarbejde med virksomheden.