New York, NY — Spheryx, Inc. is pleased to announce the completion of a successful seed round financing. The proceeds will be used to finance product development and general business expenses for the commercialization of Spheryx’s technology for Total Holographic Characterization™. The new funds have already been put to work as Spheryx expands with a […]
SAN FRANCISCO — Illumina, Inc. (NASDAQ:ILMN) today announced its new Illumina Accelerator Boost Capital has secured an initial capital commitment of $40 million from Viking Global Investors, a privately owned, global investment firm. Capital commitments made to Illumina Accelerator Boost Capital will be used to fund investments in promising genomic startups that graduate from Illumina […]
SOUTH EASTON, Mass. — Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” and the “Company”) today announced it has been awarded a $1,020,969 SBIR Phase II grant (2R44HG007136) from the National Human Genome Research Institute of the National Institutes of Health (“NIH”). Entitled “High Pressure Sample Preparation Instrumentation for DNA Sequencing”, this grant will help fund the […]
SEATTLE, WA USA — Glencoe Software Inc., a world-leader in image data management platforms for the research, biopharma and publication industries, is pleased to announce the completion of its Seed Investment Round, in partnership with TAGS (TIE Angels Group Seattle), several Seattle area angel investors, and Glencoe Friends and Family. This Seed Round has raised […]
Pleasanton, CA -– Start-up life sciences tools company Unchained Labs burst onto the scientific scene today, announcing a $25 million Series A Financing and the acquisition of Optim, the world’s first and only multiplex protein stability platform for biologics. The financing was led by Novo Ventures, Canaan Partners and TPG Biotech. Unchained Labs is committed […]
SAN MATEO, CALIFORNIA — Maverix Biomics, Inc., a leading genomic analysis software company, today announced the receipt of a National Institutes of Health $150,000 Small Business Technology Transfer (STTR) Phase I Award, funded by the National Institute on Drug Abuse, to improve the detection of modifications in RNA transcripts. Maverix is collaborating with the University […]
Ann Arbor, MI –– Rubicon Genomics, Inc., today reported that sales increased 28% in 2014, fueled by new product introductions and new agreements with distributors in Europe, North Africa, North America and Asia. Rubicon’s DNA library preparation products for arrays and Illumina® next-generation sequencing (NGS) platforms include ThruPLEX®DNA-seq, PicoPLEXTM DNA-seq, PicoPLEX WGA kits and TransPLEX® […]
Gothenburg, Sweden — Persomics was founded mid 2014 with a firm ambition to change the way cures are discovered. Based on great technology, Persomics empowers companies and organizations to discover cures faster. Persomics has now closed the first round of funding led by two Swedish business angels, Johan Lassing, CEO of Qamcom Technology AB and […]
SOUTH EASTON, Mass. — Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” or the “Company”) (https://www.pressurebiosciences.com), a leader in the design, development and sale of pressure-based instruments and consumables for the biological research market worldwide, today provided an update on two recent equity transactions totaling $1,166,000. On December 23, 2014, the Company closed a series of warrant […]
ANN ARBOR, Mich. — Advanced Photonix, Inc.® (NYSE MKT: API), a leading supplier of optoelectronic sensors, devices and instruments used by Test and Measurement, Process Control, Medical, Telecommunication and Homeland Security markets, today announced that its wholly owned subsidiary Picometrix, LLC has received a follow-on government development contract from the USAF valued at approximately $1.4M […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.

