Fluidigm Obtains $5,000,000 New Financing Round

  • Feed Type
  • Date
    1/24/2011
  • Company Name
    Fluidigm
  • Mailing Address
    7000 Shoreline Court South San Francisco, CA 94080
  • Company Description
    Fluidigm is making that vision a reality through the introduction of integrated fluidic circuits (IFCs). Our mission is to develop, manufacture, and distribute systems composed of IFCs, instrumentation, and consumables, enabling new efficiencies in science and industry. The Company’s product pipeline includes the TOPAZ system for protein crystallization, introduced in 2002 and tracking toward profitability by 2006; the BioMark system for genetic analysis, launched in December 2006; and other projects, co-developed with external partners, to address diverse applications.
  • Website
    http://www.fluidigm.com
  • Transaction Type
    Debt
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The issuer issued and sold subordinated convertible promissory notes in the aggregate principal amount of $5,000,000 and related warrants to purchase up to an aggregate of 321,405 shares of the issuer’s preferred stock at an exercise price of $0.01/share.
  • M&A Terms
  • Venture Investor
    Undisclosed