Karthik Balakrishnan, Nodexus founder and CEO

Af­ter 7 years in stealth, UC Berke­ley spin­out Nodexus emerges with an RA Cap­i­tal-backed Se­ries A

A new com­pa­ny emerged from stealth this morn­ing in San Fran­cis­co Bay, and it’s one fo­cused on re­search tech­nol­o­gy.

Nodexus, a bio com­pa­ny that de­vel­ops au­to­mat­ed live cell char­ac­ter­i­za­tion and iso­la­tion tech­nolo­gies, an­nounced its launch this morn­ing with a Se­ries A net­ting it $30 mil­lion.

Even though Nodexus does not de­vel­op its own drugs, the Se­ries A was led by ma­jor biotech in­vestor RA Cap­i­tal Man­age­ment, with par­tic­i­pa­tion from Cal­i­for­nia VC fund Sec­tion 32 and some pre­vi­ous in­vestors. This comes at the same time Nodexus brings on a new board mem­ber: for­mer pres­i­dent at BD Bio­sciences Bill Rhodes.

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