Tech Company Financing Transactions
Genapsys Funding Round
Genapsys, based in Redwood City, secured $70 million from Farallon Capital Management, Soleus Capital and private investors.
Transaction Overview
Company Name
Announced On
5/28/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series D
Proceeds Purpose
Proceeds from this financing will be used to continue advancing GenapSys' semiconductor based next-generation sequencing (NGS) platform.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
200 Cardinal Way 3rd Floor
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Overview
The GenapSys Gene Electronic Nano-Integrated Ultra-Sensitive (GENIUS) technology provides a low cost, easy-to-use, fast, and accurate genome sequencing solution. We've enabled an unparalleled run cost and a simplified workflow with the first ever purely electronic sequencing chip, the key component in our fully integrated platform.
Management Team
Title
Name
Email & Social
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We report on tech company VC transactions. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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