Phlo raises GBP 10m in Series A funding

Phlo, the UK based digital pharmacy company, has raised GBP 10m in a series A funding round led by Thairm Bio, the UK based trust, that invests in early-stage life science companies, with participation from Scottish Enterprise, the UK based non-departmental public body of the Scottish Government, and angel investors. This series A fundig is a combination of equity investment and the conversion of existing loan notes.

Target – Phlo Technologies LTD

Buyer – Thairm Bio

Buyer – Scottish enterprise

Buyer – Undisclosed Private investors

Seller – Shareholders

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