Categories: Funding

BioScale Weighs in with $5.2M Venture Debt

BioScale, a manufacturer of protein measurement technology, disclosed in SEC filings that it raised $5. 2 million convertible debt 37 separate investors participated in the bid

BioScale was founded in 2002 by Mark Lundstrom, CEO, and three interdisciplinary MIT professors. Since then, the Company has put together a development, engineering, manufacturing and industrially seasoned commercial team to launch its AMMP assay technology and ViBE platform globally in the pharmaceutical, biotech, life sciences and bioprocess markets. We are also pursuing partnerships for diagnostic and specialty applications The company’s new 30,000 square Uh, ft Global headquarters and manufacturing facilities are located in Lexington, Massachusetts.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/BioScale/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

Leave a Comment
Share
Published by
Tags: INVC

Recent Posts

Commentary on HealthTech Startups in Singapore

Singapore has always had a progressive healthcare system with prioritizing innovative solutions to the existing…

3 years ago

What are Ponzi Schemes?

A Ponzi scheme is a fraudulent investment scheme that aims to give its investors high…

3 years ago

Commentary on Prop Tech in China

According to the Global Prop tech Survey, 2019 published by KPMG one of the key…

3 years ago

How do shell companies operate?

In April 2016, the world witnessed one of the biggest information leaks in history, consisting…

3 years ago

Singapore based cybersecurity company Silent Eight raises $8.8M

Silent Eight a global technology company that helps combat money laundering and terrorism financing using…

3 years ago

Retail-tech startup Gully Network Raises $1.2 Million

Indian startup Gully Network Retail Pvt Ltd, a retail-tech startup focused on providing services to…

3 years ago