Skip to main content
Premium Trial:

Request an Annual Quote

DVS Sciences Raises $14.6M

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – DVS Sciences today announced it has raised $14.6 million in a Series A financing round, which will be used to build up the company's manufacturing capabilities for its multiplexed single cell analysis technology.

The platform called CyTOF-Maxpar comprises a high-throughput mass cytometer for individual cell analysis and the company's Maxpar reagents. The technology can simultaneous identify up to 100 biomarkers with "very high" resolution and a wide dynamic range, DVS said, and the platform eliminates spectral overlap issues and enables quantitative, highly multiplexed biomarker analysis.

Spun out of the University of Toronto last year, DVS has offices in Toronto and Sunnyvale, Calif.

Investors in the Series A round include 5AM Ventures, Pfizer Venture Investments, Mohr Davidow, the Roche Venture Fund, and the Ontario Institute for Cancer Research.

"This significant Series A financing puts us in a position to broadly commercialize our innovative instrumentation and reagents to help scientists accelerate biomedical research, enable personalized therapeutic diagnosis and prognosis, and transform drug discovery," Scott Tanner, CEO and Co-founder of DVS, said in a statement.

Andrew Schwab, venture partner at 5AM Ventures, added, "We believe that the CyTOF-Maxpar platform will transform the performance of cellular analysis. By enabling massively multiplexed experiments, researchers will be primed to better understand the cellular dynamics of disease states, stem cells, and other biologically relevant systems."

The Scan

Genes Linked to White-Tailed Jackrabbits' Winter Coat Color Change

Climate change, the researchers noted in Science, may lead to camouflage mismatch and increase predation of white-tailed jackrabbits.

Adenine Base Editor Targets SCID Mutation in New Study

Researchers from the University of California, Los Angeles, report in Cell that adenine base editing was able to produce functional T lymphocytes in a model of severe combined immune deficiency.

Researchers Find Gene Affecting Alkaline Sensitivity in Plants

Researchers from the Chinese Academy of Science have found a locus affecting alkaline-salinity sensitivity, which could aid in efforts to improve crop productivity, as they report in Science.

International Team Proposes Checklist for Returning Genomic Research Results

Researchers in the European Journal of Human Genetics present a checklist to guide the return of genomic research results to study participants.