Purigen Biosystems Lands $18,200,000 Series A Funding Round

  • Feed Type
  • Date
    5/18/2016
  • Company Name
    Purigen Biosystems
  • Mailing Address
    7026 Koll Center Pkwy Pleasanton, CA 94566 USA
  • Company Description
    Purigen Biosystems is redefining nucleic acid sample prep by providing an innovative platform based on the remarkably efficient isotachophoresis technology invented in the lab of Stanford University professor Juan Santiago.
  • Website
    http://www.purigenbio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The Series A proceeds will be used to accelerate research, development and commercialization of the Purigen benchtop technology, which involves the automated extraction and quantification of samples for genomic and genetic testing.
  • M&A Terms
  • Venture Investor
    5AM Ventures
  • Venture Investor
    Roche Venture Fund
  • Venture Investor
    StartX
  • Venture Investor
    Western Technology Investment
  • Venture Investor
    Undisclosed

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