ONI closes $75M series B funding

By The Science Advisory Board staff writers

January 21, 2022 -- ONI, known for the Nanoimager microscopy platform, closed a $75 million series B financing round. The proceeds will be used to grow ONI's commercial and R&D teams in the U.S. and Asia, driving technology adoption in those geographies.

The funds will also be used to expand ONI's portfolio of consumables and cloud-based software apps so that, jointly, they become end-to-end automated solutions for application verticals, the company said.

The financing round was led by Arch Venture Partners and Casdin Capital, with participation from Section 32, Artis Ventures, Vertical Venture Partners, Axon Ventures, and private investors, including Paul Conley. Existing investors, including Oxford Science Enterprises, also participated in the round.

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