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Pillar Biosciences Closes $29.7 Million in Series C Financing

May 12, 2020over 5 years ago

Amount Raised

$29 Million

Round Type

series c

Natick

Description

 Pillar Biosciences, an NGS clinical cancer diagnostics company, today announced the closing of a $29.7 million Series C preferred stock financing. The financing will accelerate the expansion of Pillar's in vitro diagnostic and research use only panels and advance Pillar's global commercial outreach.

Company Information

Company

Pillar Biosciences

Location

Natick, Massachusetts, United States

About

Pillar Biosciences is a clinical cancer diagnostics company based in Boston, Massachusetts and Shanghai, China. Our automatable variant detection technologies deliver robust results with rapid turnaround times through streamlined NGS workflows. Our SLIMamp®- and PiVAT®-based products help high-throughput reference laboratories and clinical oncology laboratories make precision medicine practical by boosting their diagnostic productivity.  Learn more at https://pillar-biosciences.com.

FundzWatch™ Score

76
Medium Activity

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