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Stock impact report

Moleculent Launches with $26 Million Series A Financing to Advance the Spatial Mapping of Cell-Cell Communication [Yahoo! Finance]

10x Genomics, Inc. (TXG) 
Last 10x genomics, inc. earnings: 2/18 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
STOCKHOLM & BOSTON, June 11, 2024 BUSINESS WIRE )--Moleculent AB, a company pioneering technology to study the communication between cells in human tissue, today announced the closing of its oversubscribed $26 million Series A financing. The round was led by ARCH Venture Partners (ARCH) and co-led by Eir Ventures with participation from the company's existing investors. ARCH's Patrick Weiss has been appointed Chairman. Sean Kendall from ARCH, together with Magnus Persson from Eir Ventures, have also joined the company's Board of Directors. Moleculent's functional biology platform detects cell-cell interactions and profiles their communication directly within their tissue environment. This novel approach allows scientists to see how healthy cells function and how diseased cells differ at a complex, networked level. A complete picture of the cell-cell communication in a tumor, for example, offers a practical understanding of the signaling pathways and molecular mechanisms involved in Show less Read more
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