
DEG leads round for Indonesian mRNA vaccine developer

German development finance organisation DEG has contributed USD 8m as the lead investor in a new funding round for Etana Biotechnologies Indonesia, supported by Yunfeng Capital, HighLight Capital, and East Ventures.
The overall size of the round was not disclosed. It follows a Series B, also of undisclosed size, led by Yunfeng in September 2022. HighLight took part in that round as well. Legend Capital took the lead...
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