Mekonos Raises $4.6M Financing Round for Targeted Ex Vivo Gene Engineering
Mekonos | November 24, 2020
Mekonos, a biotech organization launching the first-of-its kind system-on-a-chip (SoC) for focused ex vivo gene engineering, today reported it has finished a $4.6 million financing round. Mekonos will utilize the new funding to quicken the SoC stage for its current and new ad organizations. The SoC stage, with IP from Stanford University, is a breakthrough that allows for molecular delivery in gene editing and synthetic biology. The stage is versatile over all cell types and has demonstrated to be a high return answer for partners. The stage assists organizations with expanding limit, quicken revelations, and develop new pre-clinical assets in the emerging cell and gene therapy space.
The financing round was driven by Novartis AG with participation from institutional VCs including Hike Ventures, CRCM Ventures. Existing investors participated in the round, including Good AI Capital and past lead Elementum Ventures.