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Data Center News > Blog > Investments > Micron Biomedical Raises $16M; Extends Series A Financing to Over $33M
Investments

Micron Biomedical Raises $16M; Extends Series A Financing to Over $33M

Last updated: January 20, 2025 1:41 am
Published January 20, 2025
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Micron Biomedical, an Atlanta, GA-based life science firm growing a needle-free know-how for medication and vaccines that’s based mostly on dissolvable microarrays, raised $16m extending its Sequence A funding to over $33M.

The newest spherical was led by J2 Ventures and the World Well being Funding Company (GHIC).

The corporate intends to make use of the funds to broaden operations and its R&D sector.

Led by CEO Steve Damon, Micron Biomedical makes a speciality of dissolvable microarray-based, drug and vaccine administration know-how. Its proprietary dissolvable, microarray know-how know-how is designed to enhance entry and obtain higher well being outcomes globally by means of injection-free, painless, and easy and/or self-administration of medication and vaccines, and by eliminating or decreasing the necessity for chilly chain transport and storage, enhancing security and efficacy, and enhancing affected person compliance.

FinSMEs

16/01/2025

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See also  Squire Receives $35M in Debt Financing from Silicon Valley Bank
TAGGED: 16M, 33M, biomedical, extends, Financing, Micron, Raises, Series
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