Genapsys Announces $70 Million In Series D Equity Financing And Expansion Of Its Board Of Directors
05/27/21, 11:18 AM
Location
redwoodMoney raised
$70 million
Round Type
series d
GenapSys, Inc. (GenapSys), a company developing a highly accurate and scalable electronic sequencing platform, today announced it has raised $70 million in a Series D equity financing. Investors in the round included Farallon Capital Management, L.L.C., Soleus Capital, an affiliate of PBM Capital, and additional new investors. Proceeds from this financing will be used to continue advancing GenapSys' semiconductor based next-generation sequencing (NGS) platform.
Company Info
Location
redwood, minnesota, united states
Additional Info
GenapSys is a company focused on the advancement of universal access to genomic information by delivering an affordable, scalable, and accurate genomic sequencing ecosystem that empowers both academic and clinical research applications. Its system leverages a proprietary electrical microfluidic sequencing chip with a scalable number of detectors, allowing for a wide range of applications. GenapSys is headquartered in Redwood City, CA.
GenapSys products are provided for Research Use Only. Not for use in diagnostic procedures.