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Alithea Genomics closed CHF 2.8 million in a seed financing extension led by Novalis Biotech to expand manufacturing capacity and establish a subsidiary in the United States.

PRIVATEMar 14, 2024

Amount Raised

$2.8 Million

Round Type

Seed

LausanneManufacturingBiotechnologyHealth Care

Investors

Tech U VenturesNovalis Biotech

Description

Alithea Genomics, a leader in large-scale RNA sequencing and transcriptomics, announced the closing of a CHF 2.8 million extension to its seed financing. The round was led by the Novalis Biotech Acceleration fund and included new investor TechU Ventures alongside existing investors. The proceeds will be used to continue commercialization and expand manufacturing capacity of its unique RNA sequencing products, advance the development of new technologies and establish a subsidiary in the United States.

Quick answer

Alithea Genomics raised $2.8 Million in a Seed round, dated March 14, 2024. Investors: Tech U Ventures and Novalis Biotech. Alithea Genomics is based in Lausanne, Vaud, Switzerland.

How much did Alithea Genomics raise?
Alithea Genomics raised $2.8 Million in a Seed round on March 14, 2024.
Who invested in Alithea Genomics?
Tech U Ventures and Novalis Biotech are named as investors in this round.
What does Alithea Genomics do?
Alithea Genomics is a Switzerland-based startup specializing in manufacturing ribonucleic acid (RNA) sequencing products to study gene expressions of cells, with a focus on cancer research.
Where is Alithea Genomics based and how big is it?
Alithea Genomics is based in Lausanne, Vaud, Switzerland.
Who are the decision-makers at Alithea Genomics?
Fundz holds 1 contact at Alithea Genomics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Alithea Genomics that raised within 45 days of this round, from Fundz verified event records.

  • Nami Surgical raised $123K (Pre-Seed) on April 22, 2024.
  • Harvard Apparatus Regenerative Technology raised $1.5M on April 15, 2024.
  • OsseoLabs raised $2M (Series A) on April 15, 2024.
  • 22nd Century raised $4.2M (Seed) on April 8, 2024.
  • Neurovalens raised $2.7M (Seed) on April 8, 2024.
  • ViaLase raised $38M on March 25, 2024.

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Company Information

Company

Alithea Genomics

Location

Lausanne, Vaud, Switzerland

About

Alithea Genomics is a Switzerland-based startup specializing in manufacturing ribonucleic acid (RNA) sequencing products to study gene expressions of cells, with a focus on cancer research.

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