Biotech firm Pandorum to raise $10 Mn in Series B

Pandorum Technologies, a Bengaluru-based biotechnology startup focused on tissue engineering, is raising Rs 85 crore (around $10 million) in its Series B round led by Protons Corporate, along with participation from a clutch of other investors. 

The company’s board has approved a special resolution to issue 35,326 Series B preference shares at an issue price of Rs 23,920 each, according to regulatory filings sourced from the Registrar of Companies.

Protons Corporate, managed by Anand Karbhari, is leading the round with Rs 27 crore, while Noblevast…