Tech Company Financing Transactions
Lightcast Discovery Funding Round
M Ventures, +ND Capital and Arch Venture Partners participated in a $49 million Series B capital raise for Lightcast Discovery. The round was announced by the company on 8/18/2023.
Transaction Overview
Company Name
Announced On
8/18/2023
Transaction Type
Venture Equity
Amount
$49,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth and expansion leading up to full commercial launch further enabled by appointment of CCO Paul Steinberg.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Broers Building, JJ Thomson Avenue,
Cambridge, England, CB3 0FA
UK
Cambridge, England, CB3 0FA
UK
Phone
Website
Email Address
Overview
Lightcast is developing a novel, droplet-based platform that provides a deeper understanding of cellular function. Compared to standard microfluidic methods, the Lightcast platform offers the ability to run a broader range of assays and to precisely control and track the number, occupancy, location, and movement of each droplet. The unprecedented scalability and flexibility of this approach will help advance translational and basic research as well as streamline development workflows for drugs, therapeutics, and applied biologics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Loeffen
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