Bar Harbor BioTechnology, a Bar Harbor, Me., developer of DNA and RNA analysis equipment, raised a “multimillion dollar” first round of funding, VentureWire reports. The round was lead by Borealis Ventures, and also involved Village Ventures.
Bar Harbor Bio is a spinout of the Jackson Laboratory, a research institute known for its large collection of genetically engineered mice. The company is developing lab equipment and software for quantitative polymerase chain reaction, or qPCR — a method for identifying and measuring the prevalence of genes and their activity, or “expression.”
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