Molecular Assemblies Closes Oversubscribed $24 Million Series A Financing To Advance Enzymatic Dna Synthesis Toward Initial Commercial Access
Amount Raised
$24 Million
Round Type
Series A
Description
Molecular Assemblies, Inc., today announced that it has closed an oversubscribed $24 million Series A financing with significant investment from Agilent Technologies, iSelect Fund, Codexis, Alexandria Venture Investments, and Argonautic Ventures. In addition LYFE Capital has joined the syndicate. The proceeds of the financing will be used to advance the company's proprietary enzymatic DNA synthesis technology toward early commercialization efforts.
Quick answer
Molecular Assemblies raised $24 Million in a Series A round, dated April 15, 2021. Molecular Assemblies is based in San Diego, California, United States.
- How much did Molecular Assemblies raise?
- Molecular Assemblies raised $24 Million in a Series A round on April 15, 2021.
- What does Molecular Assemblies do?
- Molecular Assemblies, Inc. is a private life sciences company developing an enzymatic DNA synthesis technology designed to power the next generation of DNA-based products.
- Where is Molecular Assemblies based and how big is it?
- Molecular Assemblies is based in San Diego, California, United States. Fundz records about 51 employees.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Molecular Assemblies that raised within 45 days of this round, from Fundz verified event records.
- Droplet Biosciences raised $5.3M on May 28, 2021.
- Synchron raised $33M on May 28, 2021.
- Climb Bio, Inc. raised $60M on May 28, 2021.
- Gusto Global, LLC raised $300K (Seed) on May 28, 2021.
- Clear Labs raised $60M on May 28, 2021.
- Kyttaro Ltd raised $2.1M (Seed) on May 28, 2021.
Who to call at Molecular Assemblies, and when
A new round usually means Molecular Assemblies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Molecular Assemblies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Molecular Assemblies, from your own LinkedIn network
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Funding Insights
What this usually meansMolecular Assemblies 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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