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HomeFinTechBioFlyte: Raises $6.1M in Series A Financing

BioFlyte: Raises $6.1M in Series A Financing

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BioFlyte Raises $6.1M in Series A Financing

  • BioFlyte, an Albuquerque, NM-based biodetection company, raised $6.1M in Series A funding
  • The round was led by Cottonwood Technology Fund with participation from existing investor Anzu Partners
  • David Blivin, Managing Partner of Cottonwood Technology Fund, and Mrs. Jenna Abelli, Principal at Anzu Partners, will join company’s Board of Directors
  • The company intends to use the funds to support field validation and the initial production of its BioTOF™ z200, a first-of-its-kind
  • The firm’s current application focus is critical infrastructure protection and pandemic response

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