Pleno Raises $40M in Series A Funding

Pleno

Pleno, a San Diego, CA-based multi-omic instrument platform company, raised $40M in Series A funding.

The round was led by Deerfield Management Company with participation from Foresite Capital.

The company intends to use the funds to accelerate the development of its Hypercoding™ instrument platform, called RAPTOR™, which is slated for early customer access in 2023 and full availability in 2024.

Led by CEO Pieter van Rooyen, Pleno is a multi-omic instrument platform company democratizing biological target detection for clinical testing and biomedical research. The company’s proprietary Hypercoding technology leverages signal processing techniques from the telecommunications industry to deliver targeted biological information – including DNA, RNA, methylation, and proteomic content – at high throughput, increased precision and performance. 

Plan currently employs 24 full-time employees and plans to continue to grow its team rapidly in the coming months. 

FinSMEs

12/10/2022