NEW YORK – Newomics said on Tuesday that it has closed a $7.9 million Series B funding round.
The round was led by MSA Capital, with new investor LDV Partners and existing investors including the Berkeley Catalyst Fund and the Photon Fund also participating.
Berkeley, California-based Newomics said it will use proceeds from the round to further commercialize products based on its mass spec multinozzle emitter array (MEA) technology, grow its sales and marketing as well as customer support teams, and expand collaborations with mass spec vendors.