Atrandi Biosciences Secures $25M to Expand Single-Cell Research in US with Boston Office Launch

February 19, 2025
Atrandi Biosciences Secures $25M to Expand Single-Cell Research in US with Boston Office Launch
  • Founded in 2016 as Droplet Genomics, Atrandi Biosciences is dedicated to high-throughput analysis of single cells through its innovative technologies.

  • Atrandi Biosciences, a Vilnius-based biotech company, has successfully raised $25 million in Series A funding to enhance its single-cell research capabilities in the United States.

  • The funding round was led by Lux Capital, with contributions from Vsquared Ventures, Practica Capital, Metaplanet, and GRIDS Capital.

  • Atrandi specializes in single-cell sample preparation technology, utilizing semipermeable capsules for precise molecular analysis while maintaining single-cell resolution.

  • The company offers a range of platforms, including Flux, Styx, and Onyx, which are utilized in various applications such as microbial genomics and fluorescence-based cell detection.

  • This investment will allow Atrandi to further develop its microfluidic platforms, launch new products, and facilitate its entry into the competitive US market.

  • CEO Juozas Nainys has emphasized Lithuania's burgeoning biotech scene, likening it to the early days of Silicon Valley.

  • With a workforce of over 65 employees, Atrandi aims to bolster its operations and establish a stronger presence in the US biotech landscape.

  • Previously, in 2023, Atrandi raised $4.8 million and is now planning to open an office in Boston as part of its strategic growth initiatives.

Summary based on 1 source


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