Fundz

Empowering Research: Lightcast Discovery Secures $49M To Unveil Single-Cell Functional Analysis Platform

PRIVATEAug 18, 2023

Amount Raised

$49 Million

Round Type

Funding Round

Biotechnology

Investors

ND CapitalLongwall VenturesOMX VenturesIllumina VenturesARCH Venture PartnersM Ventures

Description

UK-based Lightcast Discovery is a biotech company developing a novel single-cell functional analysis platform. Now, the company has completed its Series B funding round by raising £38 million. The investment round was led by M Ventures and saw participation from existing investors ARCH Venture Partners, Illumina Ventures, OMX Ventures, +ND Capital and Longwall Ventures, known for its investments in Wayland Additive.

Quick answer

Lightcast Discovery raised $49 Million in a Funding Round round, dated August 18, 2023. Investors: ND Capital, Longwall Ventures, OMX Ventures, Illumina Ventures, ARCH Venture Partners and M Ventures.

How much did Lightcast Discovery raise?
Lightcast Discovery raised $49 Million in a Funding Round round on August 18, 2023.
Who invested in Lightcast Discovery?
ND Capital, Longwall Ventures, OMX Ventures, Illumina Ventures, ARCH Venture Partners and M Ventures are named as investors in this round.
What does Lightcast Discovery do?
Lightcast is developing a novel, droplet-based platform that provides a deeper understanding of cellular function.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Mogrify raised an undisclosed amount (Series A) on October 2, 2023.
  • PanTheryx, Inc. raised $52M on October 2, 2023.
  • Flat Medical raised an undisclosed amount (Series C) on October 2, 2023.
  • Piccolo Medical raised $5.5M (Series B) on October 2, 2023.
  • Amicus Therapeutics raised an undisclosed amount (Funding Round) on October 2, 2023.
  • SAB Biotherapeutics raised $7.5M on October 2, 2023.

Who to call at Lightcast Discovery, and when

A new round usually means Lightcast Discovery is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lightcast Discovery raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lightcast Discovery, from your own LinkedIn network

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Company Information

Company

Lightcast Discovery

About

Lightcast is developing a novel, droplet-based platform that provides a deeper understanding of cellular function. Compared to standard microfluidic methods, the Lightcast platform offers the ability to run a broader range of assays and to precisely control and track the number, occupancy, location, and movement of each droplet. The unprecedented scalability and flexibility of this approach will help advance translational and basic research as well as streamline development workflows for drugs, therapeutics, and applied biologics.

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Lightcast Discovery raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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