4 years ago
Sphere Fluidics Secures $40 Million to Advance Single-Cell Analysis Technology
Cambridge-based medtech startup Sphere Fluidics has raised $40 million in a funding round led by Sofinnova Partners and Redmile Group
The company will use the funds to expand its international sales activities, improve customer support, and further develop its product research and development programs, including novel applications for its Cyto-Mine Single Cell Analysis System.
ProblemHealthcare
"Drug discovery and cell therapy research are slow and expensive, requiring analysis of millions of individual cells to identify rare and valuable ones."
Solution
"Sphere Fluidics' Cyto-Mine platform automates single-cell analysis, making it faster, cheaper, and more efficient to identify and isolate rare cells for drug discovery and cell therapy development."