SpectraFluidics Lands New Funding

  • Feed Type
  • Date
    8/19/2010
  • Company Name
    SpectraFluidics
  • Mailing Address
    6950 Hollister Ave Santa Barbara, CA 93117
  • Company Description
    SpectraFluidics, Inc., has developed a novel chemical detection technology and platform which exceeds existing state-of-the-art sensitivity and specificity performance metrics by orders of magnitude. SpectraFluidics technology provides molecular-specific detection of explosives, illicit drugs, and other contraband at parts-per-trillion (ppt) concentration levels. The technology does not require sample preparation, reagents, swabbing, or other handling techniques which can otherwise impede detection capabilities in the field.
  • Website
    http://www.spectrafluidics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company is currently developing a fundamentally new platform for sensing airborne molecules at ultra low concentrations, while at the same time being molecular specific, fast to respond, and portable.
  • M&A Terms
  • Venture Investor
    IQT (In-Q-Tel)