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PLMJ advises Biorce on €44 million investment round

06/02/2026
Alexander Ehlert, a partner in the Corporate M&A practice, led the transaction.

PLMJ advised Biorce on a €44 million investment round.

This was the largest Series A round for an Iberian health tech start-up, led by DST Global with participation from Norrsken, YZR, Mustard Seed Maze (MSM) and several leading angel investors.

The transaction was led by Alexander Ehlert, a partner in the Corporate M&A practice at PLMJ. In his team were Leonor Melo Bento, Beatriz Veiga Santos and Alice Correia Pires, who are also lawyers in the same practice.

The investment will finance Biorce's international expansion and reinforce the company's ambition to lead the transformation of clinical trials through AI.

The start-up also plans to increase its team by up to 250 people by the end of the year and prepare to open a new office in Barcelona.

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