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Cytomos secures USD 6.3 million in oversubscribed funding to advance scalable cell-analysis
Longevity Tech
Nov 19, 2024
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Longevity Tech

Longevity Tech

Nov 19, 2024

Cytomos secures USD 6.3 million in oversubscribed funding to advance scalable cell-analysis

Funding

  • Cell analysis technology company Cytomos raised GBP 5 million (USD 6.3 million) in an oversubscribed funding round led by Archangels, with participation from Old College Capital, Scottish Enterprise, and British Business Bank.

  • The funding will scale up production and commercialize Celledonia, a product developed on the AuraCyt cell-analysis technology platform.

  • Edinburgh-based life sciences company Cytomos has developed a proprietary cell analysis platform called Cytomos Dielectric Spectroscopy (CDS). CDS is a novel approach to analyzing cells, providing a low-cost, portable, and scalable alternative to traditional systems. The company's AuraCyt platform enables biopharma companies to bring novel therapies to market up to six months faster. 

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