Rapid Micro Biosystems Closes Additional Funding

RapidMicroRapid Micro Biosystems, a Bedford, MA-based provider of automated, non-destructive, rapid microbial detection for quality control testing of pharmaceutical and personal care products, closed on additional funding of undisclosed amount.

Backers included existing investors Kleiner Perkins Caufield & Byers, Longitude Capital, Quaker Partners, TPG Biotech, and TVM Capital.

The company intends to use the funds to expand the commercial and manufacturing operations.

Founded by Don Straus Ph.D. and led by Steve Delity, President and CEO, Rapid Micro Biosystems provides the Growth Directâ„¢ System to detect microbial contaminants, and send problem alerts to enable immediate decision-making and remedial action, and companion applications including: environmental monitoring, sterility and bioburden testing.

FinSMEs

15/04/2014

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