SciAps Completes $2.3M Financing

SciAps, a Woburn, MA based portable analytical instrumentation company, completed an additional $2.3M round of financing.

It consists of a $1m Senior Debt instrument from Enhanced Capital Wyoming Fund and an additional $1.3m of equity capital. The round was led by Rand Capital (Buffalo, NY) and Coastal Ventures (Portland, ME) with some investment by company founders.

The company intends to use the debt funds to support its Delta Nu operations that are focused on the portable Raman analyzer business segment. The equity capital will fund the continued development of new portable analytical technologies.

SciAps, Inc., specializes in portable analytical instruments to identify any compound, any mineral, any element. Manufacturing, service and customer support is operated out of our fully ISO-certified facility located in Laramie, WY.



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