Flow Partners advises Elevator Fund on the valuation of BiomX

Providing confidential valuation of BiomX, a clinical stage microbiome therapeutics company.

Tel Aviv, Israel / Branford, CT, US — 27 January 2021

Flow Partners acted as a financial advisor to a leading Israeli early-stage venture capital investor Elevator Fund on a portfolio valuation and strategic review of BiomX, a biotech microbiome company focused on developing customized phage therapies designed to target and destroy harmful bacteria in chronic diseases such as inflammatory bowel disease (IBD) and colorectal cancer (CRC), as well as bacteria that affect the appearance of the skin.

Overview

Elevator Fund required an actionable valuation advice for BiomX in order to accurately balance and keep pulse on their venture portfolio.

We have provided an independent valuation opinion that included development pipeline analysis, risk-adjusted NPV (rNPV), comparable environment analysis, portfolio impact, operational benchmarking, green/red flag analysis and more.

This transaction highlights our strong track record in digital health and biotech space, having also advised and valued companies like AVE & YOU (personalized skincare) or Code Pharma (pharmaceuticals).

About BiomX

BiomX (NYSE and TASE: PHGE) is developing both natural and engineered phage cocktails designed to target and destroy bacteria that affect the appearance of skin, as well as harmful bacteria in chronic diseases, such as cystic fibrosis, inflammatory bowel disease, atopic dermatitis and colorectal cancer. BiomX discovers and validates proprietary bacterial targets and customizes phage compositions against these targets.

About Elevator Fund

Elevator Fund invests in exceptional early-stage startups globally. Elevator leads and syndicates seed rounds, investing between $250K-$1M in innovative companies located in Israel, Europe and the US. Elevator invests in areas of fintech, new media, digital health and other emerging fields.

About Flow Partners

Flow Partners is a modern advisory firm providing independent corporate finance advice to companies and investors that shape the global digital ecosystem. Flow was founded in 2020 and operates globally with presence in London, Berlin, Warsaw and Miami.

For more information, please visit flowpartners.io

Enquiries

For all enquiries please contact the team at [email protected]

Relevant Track Record

We have advised the world's most innovative companies and their shareholders. Here are our results.

CFO advisory

Artificial provides a cloud-based algorithmic underwriting platform for insurers and brokers.

CFO advisory

BetterQA is a software testing house that provides independent QA to development teams.

CFO advisory

Dataprana is a data center developer and operator focusing on crypto and AI projects.

CFO advisory

Radtonics provides private LTE & 5G networks solutions, including edge cloud compute.

CFO advisory

TBô's is a direct-to-consumer brand for eco-friendly men's underwear.

buy-side advisory

Element is one of the world's leading providers of testing, inspection, and certification services.

cfo advisory

Marcura provides a portfolio of leading software and payments solutions to maritime industry.

CFO advisory

Voereir is an end-to-end cloud and DevOps solutions for telecom organizations.

valuation advisory

Onlogist is a Europe-wide online marketplace for efficient "last mile" vehicle transfer.

valuation advisory

Hector is a display advertising platform providing software house with expertise in AI/ML, IoT.

cfo advisory

Ziik is all-in-one internal communication and information sharing platform for better employee engagement.

valuation advisory

Cannadorf is a medical cannabis leader that focuses on tissue culture technologies.

valuation advisory

Cannabis Innovation Center is a medical cannabis group at the frontier of multiple cannabis-based therapies.

valuation advisory

Panorays is a software platform for third-party security management.

valuation advisory

Percepto is an autonomous drone monitoring solutions for critical infrastructure and industrial sites.

valuation advisory

Selina is a travel and lifestyle hospitality platform targeted for digital nomads.

valuation advisory

Bonart is a financial platform that focuses on fundraising for private equity and investment industry.

valuation advisory

Seagull Maritime is a maritime cybersecurity and protective services company.

valuation advisory

Moburst is a global marketing services company that helps brands grow their mobile business.

valuation advisory

Lemonade is a full-stack insurance company powered by AI and behavioral economics.

valuation advisory

Testim is an AI-based software testing automation platform for application testing.

valuation advisory

Brew is a generative AI platform designed for marketing teams.

valuation advisory

BiomX is a clinical stage microbiome therapeutics company.

valuation advisory

Code Pharma develops cost-effective treatments for infectious and oncological diseases by using novel peptides.

cfo advisory

AVE & YOU is a technology platform and DTC brand for personalized skincare.

See all of our track record

All Experience