Sequencing Company Single Technologies Raises $6.1M
Single Technologies has raised €5 million ($6.1 million) through an oversubscribed share offering, which it will use to accelerate development of its 3D sequencing platform.
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Single Technologies is developing a technology concept that enables high-resolution 3D videos of molecules, living cells and tissue.
The technology was subject to the Nobel prize 2014 and has the potential to lead to major advancements (quantum leaps) in terms of sensitivity, speed and cost on the static imaging techniques used today and in the key applications such as DNA sequencing and High Throughput Screening.