The funding round was led by new investors
“We are ecstatic to receive an investment from such an impressive group of investors that is excited to support us for our next phase of growth,” stated
“We believe LUMICKS’ z-Movi Cell Avidity Analyzer for direct, high-resolution measurement of cell avidity is a revolutionary platform that can accelerate translational R&D across institutions and biopharma,” said
[i] As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by
LUMICKS is a leading life science tools company that develops equipment for Dynamic Single-Molecule and Cell Avidity analysis, two rapidly emerging areas in biology research and immuno-oncology. Built upon innovative technologies, such as optical tweezers (Nobel Prize for Physics 2018) and STED super-resolution (Nobel Prize for Chemistry 2014), LUMICKS tools facilitate the understanding of life to the smallest detail.
Applying and measuring forces and interactions in biology enables real-time analysis of underlying biological mechanisms, building the crucial and yet unfinished bridge between structure and function at the molecular and cellular levels. Using LUMICKS’ groundbreaking C-Trap® Optical Tweezers – Fluorescence Microscopy, scientists are able to analyze complex biological processes in real-time. Similarly, the z-Movi® Cell Avidity Analyzer enables the measurement and selection of immune cells based on their real-time interactions with target cells. The company was founded in 2014 as an academic spin-off from the research group of Prof.
The z-Movi® Cell Avidity Analyzer is a novel platform that rapidly measures the binding strength between target and immune cells, providing high-throughput results with single-cell resolution. Cell avidity data are key metrics that correlate with the biological outcome of cellular immunotherapies. Cell avidity insights provide researchers with reproducible and predictive information about the best therapeutic candidates at an early stage, potentially leading to improved candidate selection and dramatically faster drug development. Since its release in 2020, the z-Movi has been adopted by leading biotech and pharmaceutical companies around the world to accelerate the entry of cell therapies into clinical trials.
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