HomeFinTechParse Biosciences: Raises $7M in Series A Funding

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
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