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Akonni Biosystems Bags $1 Million Venture Capital

Wednesday, January 18, 2012 5:30:00 AM PDT | VentureDeal Staff

   Frederick, Maryland  --  Biotechnology company Akonni Biosystems has secured $935,000 in venture capital investment, according to an SEC regulatory filing.

Akonni markets integrated molecular diagnostic systems for a variety of human- and animal-borne diseases and infectious agents.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Akonni is still seeking $19 million in additional financing, according to the filing.

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