By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Infectious disease technology firm GeneWeave Biosciences announced it has raised $12 million in a Series A financing round.

Decheng Capital led the round, joined by existing investors Claremont Creek Ventures and X/Seed Capital. The funds will be used to complete the development, validation, and clearance of the initial test for a platform being developed for detecting infectious diseases, the company said.

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