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Rapid Micro Biosystems gets $60mm in equity financing

Executive Summary

Rapid Micro Biosystems Inc. (rapid microbial detection technology) raised $60mm in a late-stage equity financing co-led by first-time backers Bain Capital Life Sciences and Xeraya Capital, which were joined by another new investor Asahi Kasei Medical and returning shareholders Longitude Capital, Quaker Partners, TVM Capital, and Richard K. Mellon. According to the Form D, 11 investors participated. The company will use the funds for worldwide commercial expansion, operations, and product innovation.
Deal Industry
  • In Vitro Diagnostics
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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