Microba Life Sciences Raises AUD 14.5 Million, Updates Guidance and Signs UK Deal

Mon 23 Jun 25, 07:13 AM | Team Kalkine

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Highlights:

Microba Life Sciences Limited (ASX:MAP) is an Australian life sciences company focused on the development and commercialisation of microbiome testing products and services. Its technology platform supports clinicians and researchers with tools for understanding gastrointestinal health, underpinned by proprietary metagenomic sequencing capabilities

The company announced it has raised AUD 14.5 million via a two-tranche placement and a fully underwritten share purchase plan (SPP). The funding will support the company's clinical microbiome testing programs and regional expansion initiatives in Australia and the United Kingdom.

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