Abselion raises £6.6M led by M Ventures to bring Amperia to market
Series A financing highlights the potential impact of Abselion’s technology for life science research and bioprocess development
9 Dec 2024Abselion, an innovator in automated analytical instrumentation that simplifies at-line protein quantification, has secured £6.6 million in Series A financing to bring its award-winning Amperia system to market.
This cutting-edge benchtop instrument allows scientists to easily quantify antibodies, AAVs, and other proteins directly from crude samples in as little as one minute, providing critical data on the spot, enhancing efficiency and accuracy in life science research and bioprocessing.
Abselion will use the funds to drive the commercialization and expand the capabilities of its Amperia system. Built on proprietary Redox Electrochemical Detection (RED) technology, Amperia brings a groundbreaking approach to biologics and viral-vector quantification for confident, convenient, and cost-effective automated at-line measurement that is accessible to all laboratories and process environments.
The funding round, led by M Ventures (the strategic, corporate venture capital arm of science and technology company Merck), includes new investors BioProcess 360 Partners and Untitled Ventures, along with BGF, R42 and other existing investors. Oliver Hardick of M Ventures and Chris Major of BioProcess 360 Partners have joined the Company’s new Board of Directors.
“We are delighted to have the support of our investment partners to advance our mission to provide scientists with critical real-time data at the point of need,” says Ruizhi Wang, CEO of Abselion. “The Amperia RED technology delivers the accuracy, speed and agility required for insights that enable confident decision-making, driving bioprocess optimisation and innovation.”
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