How Much Did Nomic Raise?
Funding & Key Investors

Nomic Bio, a biotechnology firm specializing in rapid protein profiling services, has announced a significant funding round, bringing its total capital raised to $59M. The company recently secured a major strategic investment of $42M, underscoring its progress in high-throughput proteomics. This latest financing round is expected to fuel Nomic Bio's expansion and further development of its innovative nELISA platform.

What is Nomic?

Nomic
Business ServicesResearch & Development

Nomic Bio offers a protein profiling service that distinguishes itself with exceptional speed and seamless integration, delivering results in as little as one week. Its proprietary nELISA platform leverages advanced DNA nanotechnology to facilitate high-throughput proteomics, capable of processing over 10,000 samples weekly. The company emphasizes cost-efficiency and flexible multiplexing, targeting researchers and companies within the biotechnology and pharmaceutical sectors. Nomic Bio's technology is designed to enhance drug discovery pipelines and accelerate the pace of scientific research by providing comprehensive proteomic analyses.

How much funding has Nomic raised?

Nomic has raised a total of $59M across 2 funding rounds:

2021

Series A

$17M

2024

Series B

$42M

Series A (2021): $17M with participation from SR One, Lux Capital, and Casdin Capital

Series B (2024): $42M led by Lux Capital, Real Ventures, Amplitude Ventures, and Avant Bio

Key Investors in Nomic

Lux Capital

Lux Capital is a New York-based venture capital firm that invests in early-stage and growth-stage companies at the intersection of science and technology, including AI, robotics, space, defense, biotechnology, and advanced materials.

Real Ventures

Real Ventures backs visionary founders building innovative tech companies with large-scale positive impacts on society, providing guidance and stage-specific help for global success.

Amplitude Ventures

Amplitude Venture Capital deploys a growth model to scale Canadian precision medicine companies, with offices in Montreal, Toronto, and Vancouver.

What's next for Nomic?

With the recent influx of capital, Nomic Bio is poised to scale its operations and enhance its market presence. The strategic investment suggests a focus on expanding its technological capabilities and potentially forging key partnerships within the life sciences ecosystem. Future developments will likely involve further validation of its nELISA platform across diverse research applications and a push towards broader commercial adoption. The company's growth trajectory indicates a strong potential for market leadership in advanced proteomics solutions, supporting the development of novel therapeutics and accelerating scientific breakthroughs.

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Frequently Asked Questions Regarding Nomic Financial Insights

What are the most recent funding rounds that Nomic has completed, and what were the funding rounds?
Nomic has recently completed 2 funding rounds: Series B on Sep 17, 2024, Series A on Dec 9, 2021.
What is the total amount of funding Nomic has raised to date?
Nomic has raised a total of $59M in funding to date.
How many funding rounds has Nomic completed?
Nomic has completed 2 funding rounds.
How much funding did Nomic raise in its most recent funding round?
Nomic raised $42M in its most recent funding round.
Who are the lead investors in Nomic's latest funding round?
The lead investor in Nomic's latest funding round was Lux Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Nomic's history?
The largest funding round in Nomic's history was $42M.
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