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Venture Capital News: CytoTronics Launches With $9.25M Seed

2022-04-28
BOSTON, MA, CytoTronics today announced it has raised $9.25 million in initial seed funding.
CytoTronics, a biotechnology company building a next-generation complementary metal-oxide-semiconductor (CMOS)-powered drug discovery platform, today announced it has raised $9.25M in initial seed funding, led by Anzu Partners with participation from Milad Alucozai (BoxOne Ventures) and institutional investors. CytoTronics will use this seed funding to advance its breakthrough platform that utilizes computer chip technology to conduct a suite of electrical and electrochemical cell-based assays.

CytoTronics enables optics-free imaging for drug discovery through its complementary metal-oxide-semiconductor (CMOS) electronics platform. Building upon a suite of innovations licensed from Harvard University, CytoTronics's technology measures and manipulates live cells to produce real-time, high resolution electrical and electrochemical cell-based assays. By providing unique single-cell resolution readouts that are not currently available in today's cell-based drug screening market, CytoTronics is enhancing the accuracy of cell-biology information that can be used to revolutionize drug discovery.
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