Tech Company Financing Transactions
Tangen Bioscience Funding Round
Tangen Bioscience, based in Branford, raised $9 million from Connecticut Innovations, Axiom Venture Partners and Leading Edge Ventures.
Transaction Overview
Company Name
Announced On
6/21/2019
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Connecticut Innovations (Lead Investor) (Daniel Wagner)
Proceeds Purpose
The financing proceeds will be used to accelerate the company's innovative platform TangenDx to the clinic for two infectious disease tests.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
780 East Main St. 1
Branford, CT 06405
USA
Branford, CT 06405
USA
Phone
Website
Email Address
Not Recorded
Overview
Tangen Bioscience's instrument provides rapid nucleic acid detection, with the specificity and sensitivity of polymerase chain reaction (PCR) amplification, in a format that does not require laboratory resources or highly skilled operators.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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