Nuclein: Raises $14M in Series B Funding

  • Nuclein, LLC, an Austin, Texas-based medical device company, closed a $14m Series B funding round
  • The round was led by Trinity Private Equity Group, a Southlake, Texas-based private equity firm
  • The company also intends to use the funds to to commercialize its novel, hand-held PCR platform designed as a disposable, all-in-one, self-test for infectious disease diagnosis
  • Nuclein also provides a device that runs real-time PCR, does not require technical expertise to operate, and delivers battery-powered, sample-to-answer results from saliva in under one hour
  • Nuclein currently employs approximately 30 scientists, engineers, and other professionals
  • It is seeking to immediately hire additional molecular biologists, engineers, and manufacturing staff to support its growth
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.

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