This AI-powered lab automation startup secured $5.6M funding: Will it help the future discoveries
Feb 02, 2024•almost 2 years ago
Amount Raised
$5.6 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers