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Posts Tagged ‘biotechnology’

You’ve heard of CRISPR, now meet its newer, savvier cousin CRISPR Prime

CRISPR, the revolutionary ability to snip out and alter genes with scissor-like precision, has exploded in popularity over the last few years and is generally seen as the standalone wizard of modern gene-editing. However, it’s not a perfect system, sometimes cutting at the wrong place, not working as intended and leaving scientists scratching their heads. ...

UK biotech startup Mogrify injects $16M to get novel cell therapies to market soon

Cambridge, UK-based biotech startup Mogrify, which is working on systematizing the development of novel cell therapies in areas such as regenerative medicine, has closed an initial $16 million Series A. The raise follows a $4M seed in February — taking its total raised to date to $20M. Put simply, Mogrify’s approach entails analysis of vast ...

Boston gets a new biotech accelerator with the launch of Petri

As biotechnology becomes more central to new innovations in healthcare, material science, and manufacturing, one of the nation’s research hubs is getting a new accelerator called Petri to launch companies focused on the commercialization of new technologies. Backed by the Boston-based venture capital firm, Pillar, Petri has a three-year $15 million commitment to back companies ...

Through a new partnership and $72 million in funding, LanzaTech expands its carbon capture tech

For nearly fifteen years LanzaTech has been developing a carbon capture technology that can turn waste streams into ethanol that can be used for chemicals and fuel. Now, with $72 million in fresh funding at a nearly $1 billion valuation and a newly inked partnership with biotechnology giant, Novo Holdings, the company is looking to ...

Benchling’s software for managing biotech research nabs $34.5 million

In a field where the laboratory notebook is still considered the state of the art, it’s no wonder a company like Benchling, which provides software for managing life sciences research was able to nab $34.5 million. Considering how much detailed technical work goes into the research that produces all of our great leaps forward in ...

MIT develops a new sensor that could help diagnose sepsis in mere minutes

Researchers at MIT have developed a new type of sensor that could make diagnosing sepsis much quicker, easier and more affordable than ever before. This could have a huge potential impact, since sepsis is one of the leading causes of death in hospitals, and is responsible for almost 250,000 patient deaths per year in the ...

This new experimental robot gripping arm can ‘taste’ what it touches

Okay do you know how we can taste things and that was pretty special? It’s not special anymore, because researchers at UC Davis working with colleagues Carnegie Mellon have developed a way for an experimental soft robotic gripper to ‘taste’ things as well, using bacteria engineered to allow it to detect a specific chemical. The ...

Where are all the biotech startups raising?

Where are all the biotechnology companies raising these days? We crunched some numbers to arrive at an answer. ...

DNA Script picks up $38.5 million to make DNA production faster and simpler

DNA Script has raised $38.5 million in new financing to commercialize a process that it claims is the first big leap forward in manufacturing genetic material. The revolution in synthetic biology that’s reshaping industries from medicine to agriculture rests on three, equally important pillars. They include: analytics — the ability to map the genome and ...

The World Health Organization is setting up rules and oversight for human gene editing

Yesterday, the World Health Organization wrapped up its first meeting of a new advisory committee set up to create global governance and oversight standards for human gene editing. The committee was hastily pulled together in December after the revelation last year that a Chinese scientist had genetically modified two embryos using CRISPR technology to remove the ...