NABsys Inc Garners $4,000,000 New Funding Round

  • Feed Type
  • Date
    5/5/2009
  • Company Name
    NABsys Inc
  • Mailing Address
    4 Richmond Square Providence, RI 02906
  • 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
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The proceeds will be used to further develop NABsys’ proprietary DNA sequencing platform.
  • M&A Terms
  • Venture Investor
    Point Judith Capital Partners
  • Venture Investor
    Slater Technology Fund