Somru En Route to $7M Raise
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To help launch its new products, Somru BioScience of Charlottetown is raising a $7 million round of funding, and already has commitments for almost half this amount from government funders.
During a presentation at the 2018 Atlantic Venture Forum on Thursday, Somru Vice-President Mohammed Moin said the company has secured commitments worth $3.3 million in loans and grants from such bodies as