Biotech

Genomenon Raises $2.5M, Plans to Increase Work with Pharma Customers

Genomenon, the Ann Arbor, MI-based genomics search engine startup, has raised $2.5 million in what the company calls a “seed extension” round.

The equity financing included investments by IrishAngels, a group founded by Notre Dame alumni; H.W. Kaufman Group; Invest Michigan; and all previous investors, including Genomenon CEO Mike Klein. He says the company will use the new capital to beef up commercial development, sales, and marketing. It also plans to add at least three employees, bringing its headcount to approximately 20 by the end of the year.

Genomenon is the maker of Mastermind, an artificial… Read more »

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https://xconomy.com/detroit-ann-arbor/2019/02/08/genomenon-raises-2-5m-plans-to-increase-work-with-pharma-customers/

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