Tech Company Financing Transactions

Cradle Genomics Funding Round

Illumina Ventures, Section 32 and Alexandria Venture Investments joined a $17.1 million Series A funding round for Cradle Genomics. The financing round was announced on 7/17/2019.

Transaction Overview

Company Name
Announced On
7/17/2019
Transaction Type
Venture Equity
Amount
$17,100,000
Round
Series A
Proceeds Purpose
The funding will be used to support clinical development, corporate infrastructure, CLIA lab operations and the launch of Cradle Genomics' transformational product offerings for non-invasive prenatal testing (NIPT).

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4755 Nexus Center Dr.
San Diego, CA 92121
USA
Phone
Undisclosed
Email Address
Overview
Cradle Genomics is headquartered in San Diego with additional R&D operations located in Detroit. Cradle tests are based on the genetic analysis of fetal material that are quickly collected during a first trimester visit with no risk to the mother or developing fetus.
Profile
Cradle Genomics LinkedIn Company Profile
Social Media
Cradle Genomics Company Twitter Account
Company News
Cradle Genomics News
Facebook
Cradle Genomics on Facebook
YouTube
Cradle Genomics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tristan Orpin
  Tristan Orpin LinkedIn Profile  Tristan Orpin Twitter Account  Tristan Orpin News  Tristan Orpin on Facebook
VP - Bus. Development
Sascha Drewlo
  Sascha Drewlo LinkedIn Profile  Sascha Drewlo Twitter Account  Sascha Drewlo News  Sascha Drewlo on Facebook
VP - Bus. Development
Richard Shippy
  Richard Shippy LinkedIn Profile  Richard Shippy Twitter Account  Richard Shippy News  Richard Shippy on Facebook
VP - R & D
Randy Armant
  Randy Armant LinkedIn Profile  Randy Armant Twitter Account  Randy Armant News  Randy Armant on Facebook


 

 

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Prev: 7/17/2019: Bitwise Asset Management venture capital transaction
Next: 7/17/2019: Casetabs venture capital transaction

 

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