Cambrian Bioworks raises $1.45 M in seed funding to transform molecular diagnostics in India

Funding will accelerate the development of Cambrian’s automated molecular diagnostics platforms

Bengaluru-based biotechnology startup Cambrian Bioworks has secured $1.45 million in seed funding. The company builds cutting-edge solutions for the rapidly expanding next-generation sequencing (NGS) and molecular diagnostic markets.

The round was spearheaded by the Irani family office, which has invested in several private ventures across the globe. The round also saw participation from the company’s CEO and co-founder, Vaibhav Hegde.

“Molecular diagnostics is crucial for precise diagnosis, disease subtyping, and therapy selection in cancer care,” said Vaibhav Hegde. “This funding marks a significant milestone in our journey."

The funding will accelerate the development of Cambrian’s automated molecular diagnostics platforms, bolster R&D efforts, expand the team, and support forays into international markets.

The news follows the recent launch of Cambrian’s nucleic acid extraction platform, Manta. A purpose-built automation, Manta provides high-quality DNA/RNA for genomics and PCR testing in hospitals and laboratories. Building on this, Cambrian aims to enable widespread access to automated devices for liquid biopsy testing and targeted sequencing.

Cambrian’s products find applications in oncology, genomics, rare disease testing, and anti-microbial resistance (AMR) detection.

Published on : 28th August, 2024