Mogrify wins 'Seed Stage Finance Raise of the Year' at 2019 European Lifestars Awards

Mogrify Ltd, a UK company aiming to transform the development of cell therapies, is pleased to announce that it has been recognised as the winner of the Seed Stage Finance Raise of the Year award at the 2019 Lifestars AwardsTM.

In February 2019, Mogrify announced it had raised $3.7 million USD seed funding, which the Company is using to produce cell types with unrivaled safety, efficacy and scalability profiles using its proprietary direct cellular conversion technology. The seed funding round was led by Ahren Innovation Capital, with investments from 24Haymarket and Dr. Darrin M. Disley, OBE.

Lifestars is a celebration of the success stories, innovations, transformational deals and the people, teams and organizations that play such a critical role in the advancement of the industry over the last 12 months across Europe.

The international awards bring together hundreds of global life science leaders, investors and deal makers and key stakeholders from the wider eco-system to recognize the achievements of the industry. 19 awards were contested during a prestigious gala dinner hosted at the Honourable Artillery Company in London, UK on the 19th November. The Awards supported Teenage Cancer Trust as the official Charity beneficiary.

European Lifestars Awards forms a signature, evening networking function during the Investival Showcase and Jefferies Annual Healthcare Conference week in London, Europe's largest healthcare investment banking conference.

"Lifestars presents a fantastic opportunity to bring together a deserved audience and highlight the advances being made in our industry. It’s testament to Mogrify’s efforts that this year’s judging faculty have recognized them in this manner," said Neil Darkes, Co-CEO, LSX Ltd. and Lifestar.s

“We are honoured to have received the award for Seed Stage Finance Raise of the Year at this year’s Lifestars Awards. This is a tribute to the hard work and dedication of Mogrify’s passionate team, our partners and our investors. The Company has grown rapidly since February, and we will continue to engage with high-caliber investors and other innovators in the cell therapy space,”  said Dr Darrin M. Disley, OBE, CEO, Mogrify.

Image: The award was presented to Dr Aida Moreno-Moral, Principal Bioinformatician (second from left) and Dr Rodrigo Santos, Director of Cell Technologies (right), at Mogrify.



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