
EMBL and Life Sciences Partners sell Luxendo to Bruker
Life sciences-focused VC firms EMBL Venture Capital Partners and Life Sciences Partners (LSP) have sold their stakes in medical microscope and bio-imaging company Luxendo to trade buyer Bruker.
Bruker will expand its existing portfolio of swept-field confocal, super-resolution, and multiphoton fluorescence microscope product lines with the addition of Luxendo's microscopes and intellectual property.
Bruker has previously made acquisitions in this field, acquiring US-based Vutara in 2014. Vutara specialised in 3D, super-resolution fluorescence microscopy. Luxendo will join Bruker’s Nano Group division, into which Vutara was also integrated.
Previous funding
EMBL and LSP invested in a €6m series-A funding round for Luxendo in October 2015. Both investors then backed a €2m extension of this funding round in January 2017.
Company
Founded in 2015 and based in Heidelberg, Luxendo is a spinout from the European Molecular Biology Laboratory (EMBL). Single-plane illumination microscopes combine optical sectioning with multiple-view imaging to observe tissues and living organisms in high resolution.
It launched its two patented microscopes, Muvi-spim and Invi-spim in 2016, which allow scientists to observe living organisms without the risk of photodamage.
People
EMBL Venture Capital Partners – Stefan Herr (managing director).
Life Science Partners – Joachim Rothe (partner).
Bruker – Mark Munch (president).
Luxendo – Andreas Pfuhl (CEO).
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