Financing round-up: Phlox Therapeutics, Magenta Medical, ARTHEx Biotech, Tada Group

Sweden: Tada Group, a medical device company, having recently closed a round of SEK10m (US$980,000) in equity, has secured a SEK9m convertible loan with the EIC Fund advised by the EIB. “We are thrilled to have secured this convertible loan,” said Katarina Hedbeck, CEO of Tada. “This funding will help us to execute on our commitments,…