Advanced Cell Diagnostics Receives $12,000,000 Series B Financing

  • Feed Type
  • Date
    11/1/2012
  • Company Name
    Advanced Cell Diagnostics
  • Mailing Address
    3960 Point Eden Way Hayward, CA 94545
  • Company Description
    Advanced Cell Diagnostics (ACD),a developer of cell- and tissue-based diagnostic tests for personalized medicine.
  • Website
    http://www.acdbio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds from the financing will be used to support the commercial expansion of its proprietary technology RNAscope-based products and services into the life science research market and accelerate the entry of RNAscope into the clinical diagnostics market.
  • M&A Terms
  • Venture Investor
    New Leaf Venture Partners
  • Venture Investor
    Morningside Group