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This AI-powered lab automation startup secured $5.6M funding: Will it help the future discoveries

Feb 02, 2024almost 2 years ago

Amount Raised

$5.6 Million

PacificaBiotechnology Research

Investors

Notley VenturesLife XTalis Capital

Description

Monomer Bio, a San Francisco-based company, secured a $5.6 million seed funding round led by Talis Capital, with participation from LifeX, Notley Ventures, and prominent individual investors. The funding will fuel the company’s expansion, allowing them to scale their team, enhance their platform capabilities, and empower even more scientists to embrace the power of automation and AI.

Company Information

Company

Monomer Bio

Location

Pacifica, California, United States

About

Monomer Bio helps biology companies with lab automation. We are a small, passionate team from Google, MIT, Strateos, and UPenn who have built some of the world's largest fully automated labs from scratch. Whether you need help deciding what instruments to buy, need help getting your instruments and software to talk to each other, or need something custom-built (software or hardware), drop us a note at hello@monomerbio.com. We love deep dives with your biologists, engineers, technicians, or executive team.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers