Re­plac­ing lab rats? Bay Area tech fund backs Em­u­late's $36M round to com­mer­cial­ize 'or­gan chip' tech

Af­ter ink­ing a slew of big phar­ma part­ner­ships ear­li­er this year, Em­u­late is stack­ing away $36 mil­lion in new cap­i­tal to com­mer­cial­ize a drug-test­ing tech it hopes will one day re­place the lab rat.

The round was led by a Bay Area tech in­vestor group — Founders Fund — whose part­ners found­ed and fund­ed com­pa­nies like Pay­Pal, Face­book, and SpaceX. While Em­u­late may not grow to those great heights, the com­pa­ny’s tech is pret­ty in­ter­est­ing to the drug dev crowd.

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