NABsys Receives $10,000,000 Series C Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1c92eb5-3d8c-4175-93b3-ea63cef7dc40&Preview=1 -
Date
9/14/2011 -
Company Name
NABsys -
Mailing Address
60 Clifford St Providence, RI 02903 -
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
$10,000,000 -
Transaction Round
Series C -
Proceeds Purposes
This new financing will be used to support continued technology development and commercialization. -
M&A Terms
-
Venture Investor
Stata Venture Partners -
Venture Investor
Undisclosed
