Capnamic, Grazia in $8m round for Zageno
Capnamic Ventures and Grazia Equity have invested $8m in Berlin-based life sciences research materials vendor Zageno.
The fresh capital will be used to expand the sales, marketing and technical integration teams in Europe and the US.
The company addresses what it sees as the need for digitalisation in the purchasing of research materials. It connects its network of 250 institutions to 650 different vendors through the platform to save them costs and time when buying equipment.
Previous funding
Grazia backed Zageno at the seed stage, investing an undisclosed sum in 2015.
Company
Zageno was founded in 2015 and has offices in Berlin and Boston. The company manages an online marketplace for the buying and selling of life science research materials. It currently employs 35 people.
People
Capnamic Ventures – Christian Siegele (partner).
Grazia Equity – Alec Rauschenbusch (partner).
Zageno – David Pumberger (CEO).
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