On May 6, AVM Biotechnology, a Seattle-based biotechnology company, announced that it has completed the C round of financing. All the funds will be used to develop stem cell delivery technology.

A SEC (US Securities and Exchange Commission) filing confirmed by AVM executive director Michael Kuran showed that AVM raised $17.5 million in this round. However, the document did not disclose more detailed information, including the identity of the investor and the specific application of the money.

AVM Biotechnology was founded in 2008 by the company's CEO Theresa Deisher. It is not only a company that develops stem cell technology, but also a technology to optimize cell distribution in living organisms, improve exogenous stem cells (transported) and natural endogenous stem cells. The effect of the regenerative medical company.

Prior to the C round of financing, AVM raised less than 5 million total funds and fewer than 10 employees, and was only one of nearly 800 life sciences companies in Washington State. In Washington State, there are nearly 100,000 employees working on biotechnology.

In 2015, the amount of financing transactions in the biotechnology field in the region exceeded US$3 billion, a significant increase of 1.6 billion in 2014, making it a very important “incubation fertile ground” for life science research and development institutions in the United States. With the local science and technology companies such as Therapeutics (medical device company), Adaptive Biotechnologies (biotechnology company focusing on disease research such as cancer), and academic institutions such as the University of Washington and the Fred Hutchinson Cancer Research Center, the biotechnology industry is The United States and the world have become even more important.

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