Czech fund Kaya (formerly Energ) has participated in an investment
in Sweden’s NuvoAir start-up totalling USD 12m, which will be used
to expand its business focused on diagnosing respiratory problems.
The leader of the investment round was London’s AlbionVC. Other
investors included Amino Collective and existing shareholders
Spiltan, Industrifonden and Novartis Pharma AG (dRx Capital). (Source: ČIA News, www.cianews.cz/en)