HomefundingBiomatrica Completes $5M Financing

Biomatrica Completes $5M Financing

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Biomatrica, Inc., a San Diego, CA-based provider of ambient temperature biostability technology, has completed a $5m financing.

Backers remained undisclosed.

The company intends to use the capital to to strengthen their research initiatives, increase manufacturing capabilities and improve company infrastructure.

Co-founded by Judy Muller-Cohn, Ph.D., CEO, and Rolf Muller, Ph.D., CSO, Biomatrica provides innovative products for collecting, preserving, analyzing, storing, and shipping biological samples at ambient temperatures. The company’s product range maintains the integrity of DNA, RNA, saliva, blood, tissues and cells both at the point of collection and point of detection.
Products have been adopted and validated at US government forensic agencies, academic research institutions, global biobanks and diagnostic laboratories.

FinSMEs

06/12/2012

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