Amount Raised
$100 Million
Round Type
Post-IPO Equity
ReykjavikManufacturingBiotechnologyPharmaceuticalDescription
Biopharmaceutical company Alvotech has successfully completed a second round of its US$ 100 million private placement, for US$ 35 million. The first round which was completed in October 2020, amounted to US$ 65 million. As part of the first round, Shinhan from Korea, Baxter Healthcare SA from the US and ATHOS (Strüngmann Family Office) from Germany invested in Alvotech.
Quick answer
Alvotech raised $100 Million in a Post-IPO Equity round, dated March 15, 2021. Alvotech is based in Reykjavik, Capital Region, Iceland.
- How much did Alvotech raise?
- Alvotech raised $100 Million in a Post-IPO Equity round on March 15, 2021.
- What does Alvotech do?
- Alvotech is a multinational biopharmaceutical company focused on the development and manufacturing of high quality biosimilars for global markets.
- Where is Alvotech based and how big is it?
- Alvotech is based in Reykjavik, Capital Region, Iceland. Fundz records about 501 employees.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Manufacturing around the same time
Companies in the same sectors as Alvotech that raised within 45 days of this round, from Fundz verified event records.
- Ascendia Pharmaceuticals raised $5M on April 20, 2021.
- Liquidia raised $22M on April 16, 2021.
- MED-X raised $225K on April 23, 2021.
- RxMP Therapeutics raised $1M (Seed) on April 21, 2021.
- Os Therapies raised $6M (Series A) on April 20, 2021.
- SynerFuse, Inc. raised $3.6M (Seed) on April 20, 2021.
Who to call at Alvotech, and when
A new round usually means Alvotech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Alvotech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alvotech, from your own LinkedIn network
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Fundz sees it the moment Alvotech raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Alvotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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