Parse Biosciences: Raises $7M in Series A Funding

  • Split Biosciences, a Seattle, WA-based company providing researchers scalable and flexible single cell sequencing solutions, raised $7M in Series A funding
  • The round led by Bioeconomy Capital with participation from new and existing angel investors
  • The company also intends to use the funds to continue scaling the commercial roll-out of its Whole Transcriptome Kit
  • Parse Biosciences is a company which is advancing Whole Transcriptome Kit, which enables researchers to profile up to 100,000 cells in parallel across up to 48 samples
  • In addition to increased scalability, the technology also provides researchers with higher data quality and enables them to increase gene detection in individual cells
  • The Whole Transcriptome Kit already used in 40 labs across the country, providing these researchers with improved resolution and throughput in their experiments
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...

HSBC Strengthens Legal Operations with AI Platform Pilot

The bank explores innovative solutions to enhance its legal workflows.Highlights: HSBC launches a pilot for an AI platform...