Tech Company Financing Transactions
SGI-DNA Funding Round
Northpond Ventures, BroadOak Capital Partners and Oxford Finance invested in a $25 million Series A funding round for SGI-DNA. The round was announced on 9/10/2019.
Transaction Overview
Company Name
Announced On
9/10/2019
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds of the financing will support the global commercial launch of the industry's first fully automated gene synthesis platform, further development of solutions that consolidate synthetic biology workflows, and the expansion of automated Gibson Assembly applications, including an instrument that converts digitized DNA code to biological entities and a novel suite of DNA data storage solutions.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
9535 Waples St. 100
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
At SGI-DNA, we are committed to leveraging our unique and propriety DNA technologies into scientific solutions for accelerating and advancing research. Our ever-expanding suite of reagents and instrumentation systems are fueling novel and groundbreaking approaches for basic synthetic biology research, as well as biomedical and industrial applications.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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