Dechert Advises German Molecular Cartography Pioneer Resolve Biosciences in its US$24 Million Series A Financing Round
December 16, 2020
Dechert LLP advised Resolve Biosciences, a German molecular cartography firm, in its US$24 million Series A financing round.
The Series A financing round was led by PS Capital Management and MasterMind Advisory Services and included participation from Alafi Capital, John Shoffner, and High Tech Gründerfonds. The company will use the proceeds to accelerate product development and drive industry adoption of its Molecular Cartography technology.
The company's Molecular Cartography platform is a groundbreaking multi-analyte and highly multiplex spatial analysis technology that enables scientists to resolve the most daunting biological challenges in areas such as oncology, neuroscience, and infectious disease. It produces deep contextual data sets that illuminate molecular interactions at subcellular resolution, while preserving the sample tissue. The initial applications of Resolve's Molecular Cartography platform deliver the highest-resolution view of transcriptomic activity and provide the ability to interrogate hundreds of genes in a single run. Future solutions will add DNA, protein, and metabolomic data layers. Unlike current approaches, Resolve's technology provides the required sensitivity, specificity, and workflow convenience to elucidate the cell's complex transcriptional landscape.
Dechert’s German corporate team advising Resolve Biosciences included partners Federico G. Pappalardo and Giovanni Russo, national partner Carina Klaes-Staudt and associates Christian Böhme, Florian Leitsbach and Sonja Feser – drawing on extensive life sciences sector experience advising clients through all stages of the product life cycle.
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