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908 Devices, Inc.. (2/1/13). "Press Release: 908 Devices Raises $8.1M Series A. Portable Chemical Analysis Startup Completes Successful Funding Round for Ultra-compact Mass Spectrometer Commercialization".

Organisations Organisation 908 Devices Inc.
  Organisation 2 ARCH Venture Partners
Products Product mass spectrometer
  Product 2 venture capital
Index terms Index term 908 Devices–SEVERAL: investment, 201209 financing round Series A $8.1m from ARCH Venture + Razor’s Edge + UTEC
  Index term 2 908 Devices–Razor’s Edge Ventures: investment, 201209 financing round Series A totalling $8.1m incl co-investor Razor’s Edge
Persons Person Knopp, Kevin J. (908 Devices 201303 CEO + Co-founder before Thermo Fisher + Ahura Scientific)
  Person 2 Crandell, Keith (ARCH Venture Partners 201302 Managing Director + Co-founder)
     


908 Devices, an innovator in field-portable chemical analysis, announces the closing of an $8.1M Series A investment led by ARCH Venture Partners with participation from Razor's Edge Ventures and University of Tokyo Edge Capital (UTEC). Keith Crandell, Co-founder and Managing Director of ARCH and Mark Spoto, Managing Director of Razor's Edge have joined 908 Devices' board.

Founded in 2012, 908 Devices is developing ultra-compact, simple to use tools for chemical detection and analysis at the point-of-need. The underlying Mass Spectrometry technology is the gold standard for laboratory analysis across a wide range of industries and applications, however 908 Devices' unique approach frees these capabilities from centralized labs. The ultra-compact core of the system allows for battery operated, robust, handheld tools for the military to detect and identify trace levels of chemical threats.

"Our successful closing of this substantial Series A round is a strong endorsement of the team we have assembled, our strategy and technology," said Dr. Kevin J. Knopp, CEO and founder of 908 Devices. "We had strong interest in this round and choose to partner with investors with deep roots in the analytical tools space and security market sectors in the US and internationally."


About 908 Devices

908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized laboratories. 908 Devices' products range from rugged, handheld chemical detection tools to compact, tiny footprint analyzers for researchers, serving a range of industries including safety and security, food science, biotechnology and clinical diagnostics. Founded in 2012, by a proven team of industry and technology veterans, 908 Devices is based in Boston's Innovation District.

If you would like more information about this topic or to schedule an interview, please contact Dr. Chris Petty at (608) 358-6357 or email Chris at cpetty@908devices.com.

   
Record changed: 2016-03-19

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