Saturday, December 14, 2024

RareCyte: Secures $24M Financing

RareCyte Secures $24M Financing

  • RareCyte, Inc., WA-based Life Sciences company developing and manufacturing proprietary platforms enabling precision biology solutions, raised $24M in financing
  • Arboretum Ventures led the financing joined by other new investors F-Prime Capital, Logos Capital, and Agilent Technologies
  • Existing investors participating in the financing included HealthQuest Capital, 5AM Ventures, and Company founder Ron Seubert
  • Jan Garfinkle, Arboretum Managing Partner, joined the company Board of Directors along with Robert Weisskoff, Ph.D., Partner at F-Prime Capital
  • The company offers Precision Biologyâ„¢ solutions focused on multiplexed analysis of cells and tissue with applications in both research and clinical diagnostics
  • The company has deep experience in developing advanced precision life science systems used in labs worldwide

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