NEW YORK (GenomeWeb) – TL Biolabs said today that it recently closed a $4 million round of venture capital financing. The proceeds from the seed round will enable the Santa Clara, California-based company to fund the development and commercial launch of a $15 genomic test for dairy and beef cattle.  

TL Biolabs CEO Fred Turner said in a statement that the firm's new test will "empower farmers to make informed breeding and management decisions and positively impact their bottom line."

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