Practichem Finalizes Angel Investment
Browser-Driven Chromatography Equipment Maker Sees Open Future
Raleigh, NC – April 28, 2016 – Practichem, the Raleigh-based maker of browser controlled scientific instruments, today announced completion of $5 million in private angel funding.
“Closing this round positions Practichem for a great future in the emerging confluence of Internet of Things and Open Science” said Nick DeMarco, CEO and founder. “We’re excited to be a first mover, building open research tools to speed cures for the world’s most challenging diseases.”
Practichem has created an electronics and software platform to ease development of web integrated scientific instrumentation. Their first platform-derived product, Arista Slice, is a protein chromatography instrument one-half the cost and one-quarter the size of current solutions. As the first truly internet enabled chromatography system, Arista Slice gives scientists control from any device, at any location.
This round funds staff expansion in R&D, product marketing, and manufacturing operations. Area firms Schell Bray and Hughes Pittman & Gupton assisted in the deal.
Scientific instrumentation firm Practichem advances research by developing next generation lab tools. Their flagship, Arista Slice, is designed for efficient protein chromatography, saving researchers one-quarter the space and one-half the cost and includes the industry’s first browser controlled interface. Practichem is based in Raleigh, NC, with offices in Madison, WI and Oxford, UK. For more information, visit www.practichem.com.