Othram: Closes $18M Series B Funding

Othram Closes $18M Series B Funding

  • Othram, The Woodlands, TX-based developer of technology for investigators to crack unsolved law enforcement cases through advanced genomics, raised $18m in Series B funding
  • The round was led by Gigafund. In conjunction with the funding, Stephen Oskoui, Managing Partner of Gigafund, will join company’s board
  • The company intends to use the funds to further develop its genetic testing platform and expand operations throughout North America
  • The company is a DNA laboratory built specifically to apply modern parallel sequencing to forensic evidence
  • The facility combines genome sequencing with advanced human identification applications to offer end-to-end, in-house processing from forensic evidence to investigative leads
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

Argentinian Payments Player Pomelo Raises $55M, Boosting Fintech Potential

Funding aims to enhance payment solutions in Latin America.Highlights: Pomelo raises $55 million in a new funding round.Investment...

City of London Police Launches Fraud Reporting Service

New service aims to streamline fraud reporting for victims in London.Highlights: City of London Police introduces a dedicated...

Workplace Finance Provider Stream Secures $90 Million Funding Boost

The investment aims to enhance services for employees and businesses.Highlights: Stream raises $90 million in Series C funding.Investment...

MPS Criticizes Regulators for Overlooking Financial AI Risks

Calls for expedited regulatory measures to address emerging AI challenges.Highlights: MPS expresses concern over financial AI risks.Regulators urged...