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Bioanalytical Instrumentation Firm Creoptix Raises CHF 8M

NEW YORK — Creoptix, a Swiss developer of optical bioanalytic instrumentation, said today that it has raised CHF 8 million ($8.0 million) in a Series C financing round.

The round was led by Zürcher Kantonalbank's Swisscanto Invest and included existing investor Waters. In connection with the round, Swisscanto Invest has received a seat on Creoptix's board of directors.

Creoptix markets the waveguide interferometry-based WAVE system for studying molecular interactions in real time, with applications in membrane protein analysis in drug discovery and kinetic interaction studies in body fluids for biomarker and biotherapeutics development. The company said it will use the financing to bolster its commercial operations in Europe and the US, as well as to expand into new markets.

Creoptix said it has raised CHF 15 million since 2013.