SciAps Raises $2.5M in Funding

sciapsSciAps, a Woburn, MA-based instrumentation company specializing in handheld and portable analytical instruments, raised $2.5m in funding.

The round was led by new investor Gefinor Ventures, with follow-on participation from existing investors Rand Capital, and Coastal Ventures. In conjunction with the funding, Christopher Davis, Principal at Gefinor Ventures, and Daniel Penberthy, Executive Vice President with Rand Capital, joined SciAps’ Board of Directors.

Founded in 2012 and led by Don Sackett, President, SciAps is an instrumentation company specializing in portable, durable, field- tested instruments that are used to identify compounds, minerals, and elements, both on-site and in real-time.
The company’s products use laser technology to identify compounds, minerals, and elements of interest to the user. SciAps’ analyzers are used for a wide variety of end-use applications, ranging from alloy analysis, mining and exploration, pharmaceuticals and nutraceuticals, plastics and polymers, law enforcement, and hazmat first responders.
Manufacturing, service and customer support are operated from an ISO-certified facility in Laramie, WY.

FinSMEs

21/11/2013

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