Tech Company Financing Transactions
Bactana Funding Round
Bactana, based in Farmington, raised $1.3 million from Connecticut Innovations, Cornell University and Sustainable Income Capital Management.
Transaction Overview
Company Name
Announced On
1/22/2019
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Undisclosed
Proceeds Purpose
The company will use the financing proceeds to expand its laboratory at in its new facilities located at the UCONN Health Cell & Genome Science Center, perform additional trials using its FPS-4 product platform, hire technical experts, and develop commercial manufacturing capabilities in preparation for its initial product launch.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
400 Farmington Ave.
Farmington, CT 06032
USA
Farmington, CT 06032
USA
Phone
Undisclosed
Website
Email Address
Overview
Bactana's microbiome discovery platform enables development of products and therapeutics through the use of recent advances in molecular and DNA sequencing methods used to study microbial ecology. This platform allows Bactana to concentrate its product development on the interaction of an animal's microbiome with its immune system & metabolism at an accelerated pace.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. All VC database entries on this site are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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