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Molecular Imprints secures $12.9 million financing round
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Molecular Imprints has successfully completed a $12.9 million round in
new funding, taking its tally to $91 million in total. This includes
$73 million in strategic and venture capital financing, $15 million
from U.S. federal government agencies and $3 million from the Texas
Emerging Technology Fund.
"This additional financing will enable further enhancements to our
technology and product portfolio, and allow us to expand operations to
support increasing demand for our products in a number of markets,"
said David Gino, COO and CFO of Molecular Imprints. "Looking a little
further into the future we believe this financing will provide a
funding bridge to a possible public offering in 2009."
Investors
in the latest round include Draper Fisher Jurvetson, Tokyo Electron
Venture Capital, Wafra Investment Advisory Group, KT Venture Group,
Alloy Ventures and Motorola Ventures.