3 years ago
Semarion Secures GBP£2.14M Seed Funding to Advance Drug Screening Technology
Semarion, a Cambridge, UK-based company combining materials engineering and cell biology to tackle unmet drug screening needs, has raised GBP£2.14M in Seed funding
The round was led by Parkwalk Advisors, with participation from University of Cambridge Seed Funds, and Martlet Capital
Semarion intends to use the funds to support the commercial development of its SemaCyte® cell assaying platform and further expansion of the team, as they recruit scientists and engineers, and establish additional research partnerships with biopharma partners for bespoke solutions to cell screening challenges.
ProblemBiotechnology
"unnecessary procedural steps and large quantities of reagents, consuming time and resources, in cell-based experiments"
Solution
"develops SemaCytes, ultra-miniaturized, magnetically steerable wells, to improve cell-based experiments, facilitating workflow automation, assay miniaturisation, and cell barcoding"