SpectraFluidics Lands New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a4c8f32-02f2-4295-a74a-09cfead2ec77&Preview=1 -
Date
8/19/2010 -
Company Name
SpectraFluidics -
Mailing Address
6950 Hollister Ave Santa Barbara, CA 93117 -
Company Description
SpectraFluidics, Inc., has developed a novel chemical detection technology and platform which exceeds existing state-of-the-art sensitivity and specificity performance metrics by orders of magnitude. SpectraFluidics technology provides molecular-specific detection of explosives, illicit drugs, and other contraband at parts-per-trillion (ppt) concentration levels. The technology does not require sample preparation, reagents, swabbing, or other handling techniques which can otherwise impede detection capabilities in the field. -
Website
http://www.spectrafluidics.com -
Transaction Type
Venture Equity -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
The company is currently developing a fundamentally new platform for sensing airborne molecules at ultra low concentrations, while at the same time being molecular specific, fast to respond, and portable. -
M&A Terms
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Venture Investor
IQT (In-Q-Tel)
