Nanotechnology - Tuesday, April 17, 2007
Nanotech's RainDance Raises $24M
Raindance makes the comparision that its Personal Laboratory System is the fluid handling equivalent of a liquid computer that can be programmed to create and test liquids. Why do people do with the system?
* Proteomic & genomic assays
* Cancer diagnostics & residual disease
* Antibody engineering
* Drug formulation
* Industrial enzyme development (biofuels)
* Therapeutic enzyme development
* On-chip chemical synthesis & screening
Guilford, CT-based RainDance Technologies has raised $23.66M in Series B funding from Mohr Davidow Ventures, Pequot Capitaland JDS Capital. The company was founded by a professor of Applied Physics at Harvard and four other PhDs.
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