Invenra advancing its cell-free antibody tech with $2M in new cash

By Jeff Engel, Xconomy

Invenra logoInvenra has raised just over $2 million from investors that it will use to further develop its cell-free protein expression technology, a new SEC filing shows.

The Madison, WI-based biotech startup has now raised $6.2 million total from investors since 2012, according to SEC documents.

Invenra plans to put the new money toward research and development expenses and paying the management team, the SEC filing says. Invenra CEO Roland Green wasn’t immediately available for comment.

Invenra, which Xconomy profiled in November, is led by a team with ties to NimbleGen Systems, the former Madison-based DNA microarray maker that Roche bought in 2007 for $272.5 million. Green was a NimbleGen co-founder, and three of Invenra’s four board directors are former NimbleGen executives. Read more …

Comments are closed.

Facebook IconYouTube IconTwitter IconVisit Our LinkedIn Profile