PlexPress Obtains $2,750,000 New Financing

  • Feed Type
  • Date
    5/12/2009
  • Company Name
    PlexPress
  • Mailing Address
    1660 Belvoir Dr. Los Altos, CA 94024
  • Company Description
    PlexPress is a life science company specializing in gene expression analysis technology to advance biological science, drug discovery, crop science and diagnostics. PlexPress seeks to rapidly provide reliable information at low cost. Its products simultaneously measure multiple genes from multiple samples. PlexPress operates from Los Altos, California and Helsinki, Finland.
  • Website
    http://www.plexpressbio.com.
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,750,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This investment provides funds for PlexPress to commercialize TRAC technology to help enable the next frontier of gene function analysis, namely, a better understanding of the mechanisms of biological systems.
  • M&A Terms
  • Venture Investor
    Conor Venture Partners
  • Venture Investor
    Veraventure Ltd
  • Venture Investor
    VTT
  • Venture Investor
    Undisclosed