Phyture Biotech S.L. announced that it will receive €550,000 in an equity round of funding in July 2017. The transaction will include participation from 1nKemia IUCT Group, S.A. The company will raise funding through the crowd funding platform Capital Cell. The transaction is expected to close on October 31, 2017.

On the same day, the company announced that it has received €412,500, 75% of the investment amount in its first tranche close.