Cambridge, United Kingdom – Congenica, the global clinical decision support platform provider, today announced it has raised a further £13.25 ($17.1) million in additional equity investment, led by Parkwalk Advisors. The round attracted new strategic investors, including Digital China Health Technologies Corporation Limited (DCHealth), alongside follow-on funding from existing investors. The total amount raised across its B […]
908 Devices, a pioneer of analytical devices for chemical and biomolecular analysis, today announced it has closed $17.5 million in a growth equity funding round. This Series E funding brings the company’s total to $70M, making 908 Devices the most well-resourced upstart in the multibillion-dollar mass spectrometry market. The round was led by Northpond Ventures, […]
STONY BROOK, N.Y. – Applied DNA Sciences, Inc. (NASDAQ: APDN) (“Applied DNA” or the “Company”), a leader in PCR-based DNA manufacturing for product authenticity and traceability solutions, announced today that it has received the first $1 million of a $5 million licensing fee as per the terms of its exclusive agreement entered into with TheraCann International Corporation (“TheraCann”) on March […]
Locally-based company CSols, which provides laboratory informatics software services, has part-funded research being undertaken by one of the University of Liverpool’s Management School’s doctoral researchers. CSols software enables laboratories to improve efficiency by reducing costs, test turnaround times and transcription errors. The research is examining different models for monitoring and managing the carbon footprint of clinical laboratories, where […]
RESEARCH TRIANGLE PARK, N.C.–Cell Microsystems, a provider of innovative tools for single cell research, announced today it has received two NIH Small Business Innovation and Research awards totaling $1.9M to automate CRISPR workflows using its proprietary CellRaft Technology. Nick Trotta, PhD, Director of Genomics Programs, described the awards saying, “These grants will accelerate our on-going […]
Illumina Accelerator graduate companies have raised $190 million so far from leading life science and tech investors Illumina Accelerator turns five this year and is welcoming its ninth class of genomics startups to the growing network of successful companies. Since launching in 2014, Illumina Accelerator, the first business accelerator focused on creating an innovative ecosystem for early-stage genomics […]
LAVAL, QC Stefan Clulow appointed as Chair of the Board Kenneth Galbraith appointed as Chief Executive Officer LAVAL, QC, April 23, 2019 /CNW Telbec/ – Prometic Life Sciences Inc. (TSX: PLI) (OTCQX: PFSCF) (“Prometic” or the “Corporation”) is pleased to announce today’s closing of the recapitalization and equity offering previously announced on April 15, 2019. Prometic received C$75 million (approximately US$56 million) in gross proceeds from the equity […]
CAMBRIDGE, Mass.–ZAGENO, the leading enterprise marketplace for lab supplies, today announced it raised a $20 million Series B round led by General Catalyst, with follow-on investment from Grazia Equity and Capnamic Ventures. ZAGENO curated more than 8 million research materials and products from premium manufacturing brands on its online platform to serve this $130 billion […]
LONGMONT, Colo. — KromaTiD, Inc. announced today that after successfully meeting the Phase 1 grant milestones, the company has been awarded Phase 2 funding from a Fast Track Small Business Innovation Research (SBIR) grant from the National Human Genome Research Institute. The SBIR program enables scientific excellence and technological innovation by incentivizing small businesses to […]
Phasefocus, the Sheffield-based company supplying tools to help researchers develop cures for cancer and stem cell therapies, has secured additional investment as it prepares to launch the newest version of its flagship live cell imaging and analysis system, Livecyte™. Livecyte enables research biologists to automatically quantify and compare dynamic live cell behaviour in an easy-to-use […]
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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.
