NABsys Inc Garners $4,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f140b983-0d41-4ab8-aadd-2ff1ef26d120&Preview=1 -
Date
5/5/2009 -
Company Name
NABsys Inc -
Mailing Address
4 Richmond Square Providence, RI 02906 -
Company Description
NABsys aims to make whole-genome DNA sequencing fast, inexpensive, and accurate enough to be used in clinical care. Our approach builds on existing solid-state technologies to create a whole-genome sequencing technology that employs electronic detection, does not depend on a polymerase, and directly obtains DNA sequence information over hundreds of thousands of bases. -
Website
http://www.nabsys.com -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The proceeds will be used to further develop NABsys’ proprietary DNA sequencing platform. -
M&A Terms
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Venture Investor
Point Judith Capital Partners -
Venture Investor
Slater Technology Fund
