Aarhus University spinout NMD Pharma, which focuses on therapies for neuromuscular conditions, has attracted the support of several corporates for its $47m series A round.

NMD Pharma, a Denmark-based biotechnology spinout from Aarhus University, raised €38m ($47m) in a series A round on Friday co-led by Roche Venture Fund, the corporate venturing arm of healthcare company Roche. Inkef Capital, a Netherlands-based VC firm, co-led the round, which also featured Novo Seeds and Lundbeckfonden Emerge, respective early-stage investment units for pharmaceutical…

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