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NEW YORK – SeqWell said today that it has raised $9 million in a Series B financing round.

Research Corporation Technologies (RCT) led the round and was joined by the BroadOak Fund and current investors.

The Beverly, Massachusetts-based company plans to use the funding to expand its PlexWell sequencing library prep technology into new areas, such as single-cell genomics and transcriptomics. Specifically, it will expand its R&D team as well as its commercial team to take advantage of business-to-business and original equipment manufacturing partnership opportunities.

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