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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