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Series C leads to $20mm for PrimeraDx

Executive Summary

Molecular diagnostics firm PrimeraDx raised $20mm in its Series C financing led by first-time backer CHL Medical Partners, which adds a board member. Returning shareholders Abingworth, InterWest Partners, Malaysian Technology Development Corp., MPM Capital, Burrill & Co., and Invus Group also participated. The company will use some of the funds to continue developing assays that are run on its ICEPlex system.
Deal Industry
  • In Vitro Diagnostics
  • Research, Analytical Equipment & Supplies
    • PCR & Amplification Tools
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Pharmacogenetics-Pharmacogenomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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