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Singulex Clears $19.1 Million In Venture Financing

Friday, June 08, 2007 5:00:00 AM PDT | VentureDeal Staff

HAYWARD, CA -- Biotechnology equipment maker Singulex announced the receipt of $19.1 million in venture capital funding.

Singulex is developing single molecule detection technology that biotechnology and pharmaceutical companies can use to identify biomarkers related to human diseases and conditions.

Investors were led by OrbiMed advisors, and included existing investors Fisk Ventures, Prolog Ventures and Advantage Capital.  The company intends to use the funding proceeds to continue product development.

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