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Redshift Bioanalytics Closes $20M Series E Funding Led By Illumina Ventures

PRIVATEOct 18, 2021

Amount Raised

$20 Million

Round Type

Series E

BoxboroughInformation TechnologyBiotechnology

Description

RedShift BioAnalytics Inc. (RedShiftBioR), a company providing next-generation platform technology enabling measurement of previously undetectable structure changes in biomolecules, announced today the closing of its Series E Preferred Stock financing. The $20 million financing was led by Illumina Ventures and joined by all of the company’s current major investors, including Technology Venture Partners and Waters Corporation. Proceeds of the financing will be used to fund additional commercial expansion, continued technology innovation, and execution of its product development objectives.

Quick answer

RedShift BioAnalytics raised $20 Million in a Series E round, dated October 18, 2021. RedShift BioAnalytics is based in Boxborough, Massachusetts, United States.

How much did RedShift BioAnalytics raise?
RedShift BioAnalytics raised $20 Million in a Series E round on October 18, 2021.
What does RedShift BioAnalytics do?
RedShiftBio is redefining the analysis of protein, mabs, peptides, RNA, and LNP structure and concentration.
Where is RedShift BioAnalytics based and how big is it?
RedShift BioAnalytics is based in Boxborough, Massachusetts, United States. Fundz records about 30 employees.
Who are the decision-makers at RedShift BioAnalytics?
Fundz holds 2 contacts at RedShift BioAnalytics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Avivomed raised $32M (Series A) on December 2, 2021.
  • Cambrian BioPharma raised $92M on December 2, 2021.
  • Amarna Therapeutics raised $5.4M (Funding Round) on December 1, 2021.
  • MedinCell raised $4.3M (Seed) on December 1, 2021.
  • Trefoil Therapeutics raised $28M (Series A) on December 1, 2021.
  • medimaps group S.A raised $20M (Funding Round) on December 1, 2021.

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Company Information

Company

RedShift BioAnalytics

Location

Boxborough, Massachusetts, United States

About

RedShiftBio is redefining the analysis of protein, mabs, peptides, RNA, and LNP structure and concentration. RedShiftBio has developed a proprietary life sciences platform combining our Microfluidic Modulation Spectroscopy (MMS) and expertise in high-powered quantum cascade lasers that provide ultra-sensitive and ultra-precise measurements of molecular structure. These structural changes affect critical quality attributes governing the safety, efficacy, and stability of biomolecules and their raw materials. This combination of technologies is available to researchers in our fully-automated Aurora and Apollo systems and is backed by a global network of sales, applications, service, and support teams to address all market needs.

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Related People

2 contacts
Verified contacts23 people are listed at RedShift BioAnalytics. We don't have their email yet.See plans and pricing
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RedShift BioAnalytics 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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