Indianapolis-based BioStorage Technologies, a provider of biological-material storage services, raised $8.3 million in a first round of funding. The company’s statement is here (PDF).
BioStorage claims to be a “worldwide leader” in the outsourced storage and management of all manner of biological materials, ranging from tissue, bone and blood samples to forensics material to manufactured biological products. It initially raised $5 million (PDF) in its first round last August, then added a second tranche in late 2006. The round was led by Radius Ventures, joined by Spring Mills Venture Partners, Village Ventures, and Twilight Venture Partners.
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