St. Louis startup raises $5 million from group led by Cultivation Capital, Lewis & Clark Ventures

St. Louis startup raises $5 million from group led by Cultivation Capital, Lewis & Clark Ventures

Adarza BioSystems, a life-science startup, has raised $5 million from a group of investors led by St. Louis-based Cultivation Capital and Lewis & Clark Ventures, and the venture capital unit of Siemens.

The money will be used to expand production capacity in its St. Peters manufacturing facility and launch its first immunoassay product consumable and instrument platform.

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