Zageno Raises $8M in Series A Funding

Zageno, a Boston (USA) and Berlin (Germany)-based online marketplace connecting scientists, academic research institutes, and biotech manufacturers, raised 8m in Series A funding.

The round was led by Capnamic Ventures, with participation from seed round lead Grazia Equity.

The company intends to use the funds to accelerate growth in key markets USA and Europe, by ramping up sales, marketing, and technical integration teams.

Formed in 2015 by CEO David Pumberger, Zageno enables scientists in their laboratories to choose products directly via an online marketplace, from an extensive and high-quality product portfolio.
Currently, researchers from 250+ research institutions in the U.S. and Europe compare products every day on Zageno for their experiments and order directly from across 650+ different vendors.
The platform enables integration of ordering and purchasing processes into existing software systems. And

The startup employs 35 staff members in Boston and Berlin.

FinSMEs

26/10/2017

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