Tech Company Financing Transactions
iVexSol Funding Round
iVexSol, based in Worcester, secured $13 million in funding from BioLife Solutions, Casdin Capital and private investors.
Transaction Overview
Company Name
Announced On
12/2/2020
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Proceeds Purpose
Funds will be used to establish a cGMP manufacturing facility in Lexington, MA for stable LVV producer cell line master banks and commercial-grade LVV.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
17 Briden St.
Worcester, MA 01605
USA
Worcester, MA 01605
USA
Phone
Undisclosed
Website
Email Address
Overview
iVexSol is a viral vector manufacturing company founded on a proprietary, next-generation, stable lentiviral vector production process that transforms the way these essential gene-delivery vehicles are made. Its technology will greatly reduce the complexity, cost, and development time of these critical reagents, thereby accelerating the development and enabling greater access to life-changing cell.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rod Rietze
Chief Scientific Officer
Michael Greene
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