Transcriptic Closes $13.4M Series A-1 Funding

transcripticTranscriptic, Inc., a Menlo Park, Calif.-based robotic cloud laboratory for life sciences, closed a $13.4m Series A-1 funding round.

The round was led by Data Collective, with participation from new investors Digital Science and WuXi AppTec and existing investors AME Cloud Ventures.

The company intends to use the funds to to grow its team and extend the capabilities of its platform.

Launched in 2012 and led by Max Hodak, CEO, Transcriptic provides a web based automated cellular and molecular biology platform that enables individual researchers, institutions and large pharmaceutical businesses to control their work and generate data in order to focus on the creative aspects of their science.



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