Rapid Micro Biosystems Obtains $32,600,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e66804b-1966-4ae2-b593-47b47e1556c0&Preview=1
Date
6/26/2013
Company Name
Rapid Micro Biosystems
Mailing Address
One Oak Park Drive 2nd Floor Bedford, MA 01730
Company Description
Rapid Micro Biosystems is providing innovative products for faster detection of microbial contamination in the manufacture of pharmaceutical, biotechnology, and personal care products.
Website
http://www.rapidmicrobio.com
Transaction Type
Venture Equity
Transaction Amount
$32,600,000
Transaction Round
Series B
Proceeds Purposes
The funding will be used to expand the commercial and manufacturing operations in support of the Growth Direct System and the companion applications including: environmental monitoring, sterility and bioburden testing.
M&A Terms
Venture Investor
Longitude Capital Management
Venture Investor
TPG Biotech
Venture Investor
Kleiner Perkins Caufield & Byers
Venture Investor
TVM Capital
Venture Investor
Quaker Partners