NABsys Receives $10,000,000 Series C Financing Round

  • Feed Type
  • 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