Skip to main content
Premium Trial:

Request an Annual Quote

Miroculus Raises $45M in Extended Series B Financing

NEW YORK – Laboratory automation firm Miroculus said on Thursday that it has completed a Series B financing extension bringing the total capital raised in the round to $45 million.

The financing round was led by Cota Capital with participation from Section 32. In conjunction with the investment, Bobby Yazdani, founder and partner of Cota Capital, will join Miroculus' board of directors.

San Francisco-based Miroculus said that it will use the financing primarily to build out its commercial team and expand a beta program supporting a full commercial launch, originally planned for last year, of its first platform, the Miro Canvas sample prep system.

The Miro Canvas uses digital microfluidics to automate complex processes such as next-generation sequencing library prep in a compact, cartridge-based system. The company unveiled the platform last year at the Advances in Genome Biology and Technology annual meeting.

"The lack of an easy-to-use sample prep automation solution for the majority of clinical labs makes it very difficult to incorporate next-generation sequencing into routine testing, which ultimately limits access to advanced care in oncology, in particular," Mike Pellini, managing partner of Section 32 and former CEO of cancer molecular diagnostics firm Foundation Medicine, said in a statement. "We are dedicated to making state-of-the art healthcare available to patients in every setting. We see Miroculus' technology as a key to enabling this vision, and we are excited to partner with the team on this important endeavor."

The Scan

Sick Newborns Selected for WGS With Automated Pipeline

Researchers successfully prioritized infants with potential Mendelian conditions for whole-genome sequencing or rapid whole-genome sequencing, as they report in Genome Medicine.

Acne-Linked Loci Found Through GWAS Meta-Analysis

Researchers in the European Journal of Human Genetics find new and known acne vulgaris risk loci with a genome-wide association study and meta-analysis, highlighting hair follicle- and metabolic disease-related genes.

Retina Cell Loss Reversed by Prime Editing in Mouse Model of Retinitis Pigmentosa

A team from China turns to prime editing to correct a retinitis pigmentosa-causing mutation in the PDE6b gene in a mouse model of the progressive photoreceptor loss condition in the Journal of Experimental Medicine.

CRISPR Screens Reveal Heart Attack-Linked Gene

Researchers in PLOS Genetics have used CRISPR screens to home in on variants associated with coronary artery disease that affect vascular endothelial function.