Biontech completes acquisition of instadeep

Mainz, germany, july 31, 2023 – biontech se  (nasdaq: bntx, “biontech” or “the company”) announced today the completion of the acquisition of instadeep ltd.  (“instadeep”), a leading global technology company in the field of artificial intelligence (“ai”) and machine learning (“ml”). the acquisition was announced on january 10, 2023 and follows a track record of increasing collaboration between the two companies since 2019 as well as biontech's initial equity investment as part of instadeep's series b financing round in january 2022.
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