4 years ago
Nuclera Secures $42.5 Million in Series B Funding to Advance Protein Printing Technology
Nuclera, a UK- and US-based biotech company developing benchtop protein printing technologies, has raised $42.5 million in the first close of its Series B financing
The funding will be used to accelerate the development and commercialization of its eProtein™ desktop bioprinter
The company's technology provides researchers with a streamlined way to access next-day protein supplies, and has gained traction with customers in various industries
The investors in the round include M&G, Amadeus Capital Partners, E Ink, RT Partners, Future Planet Capital, British Business Bank Future Fund, and G
K
Goh.
ProblemTechnology
"Making proteins for research and development is expensive and slow. Current methods require large, expensive equipment and take weeks to produce proteins, slowing down research progress."
Solution
"Nuclera provides a desktop bioprinter that allows researchers and scientists to produce proteins on demand, in a matter of days, making research faster and more accessible."