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Clear Labs delivers diagnostic solutions for healthcare and food safety using whole genome sequencing (WGS) and next-generation sequencing (NGS) to detect infectious disease outbreaks and to test food for safety. Its flagship Clear Dx Microbial Surveillance WGS provides an automated end-to-end sequencing system for bacterial and fungal isolates. It also offers SARS-CoV-2 surveillance and wastewater monitoring to expand its surveillance services and markets. Its goal is to enable faster, more accurate detection and monitoring of infectious diseases and foodborne pathogens to protect public health and support business growth.
Industries
Food & Agriculture
Data & Analytics
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series D
Total Funding
$150.2M
Headquarters
San Carlos, California
Founded
2014
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Total Funding
$150.2M
Below
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Funded Over
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"Our goal is to bring high-confidence microbial identification into more laboratories by eliminating the technical and logistical barriers to sequencing." — Sasan Amini, CEO, Clear Labs
Clear Labs raises $30M in Series D financing.
Clear Labs completed a $30 million series D financing round to enhance its sequencing solutions, led by a strategic investor with participation from existing investors like Counterpoint Global and Khosla Ventures. The funding will support growth, innovative assays, and expansion of its Clear Dx platform. Kevin Keegan joins the board of directors. CEO Dr. Sasan Amini emphasized the impact on NGS technology and healthcare outcomes.
Editor’s Note: Eva Everloo is senior investment analyst, and Anina Troya is an investment analyst intern at agri-food tech investor PeakBridge.The views expressed in this guest commentary are the authors’ own and do not necessarily reflect those of AgFunderNews.From accelerated drug discovery and turbo-charged R&D, to sparkling marketing copy and improved customer service, artificial intelligence (AI) and machine learning (ML) are being deployed in every field. But what do they bring to the food industry?In the second segment of a three-part deep dive into AI in food, Peakbridge explores the potential of AI to address food safety, transparency and quality challenges across the food supply chain.The contemporary globalized food value chainIn today’s world, the global food value chain is like a complex puzzle that spans the planet, enabling the distribution of vital sustenance. This system involves numerous stakeholders, including farmers, manufacturers, distributors, retailers, and consumers, all interconnected in a delicate balance. In the 2020s, the world witnessed the disruption of this intricate network with the COVID-19 pandemic.Another more recent example is the Avian Flu outbreak in the United States, which resulted in economic costs ranging from US$2.5 billion to US$3 billion, foodshortages and exacerbated food prices. Imagine artificial intelligence (AI) and blockchain decentralized tracking networks had been in place to collect infectious disease data transparently and reliably and to forecast supply and demand with an optimized food network distribution.Climate change is another challenge that impacts the entire food value chain, revealing its vulnerabilities. It has caused erratic crop yields, resulting in manufacturing shortages, increased transportation costs, and pricing fluctuations
SAN CARLOS, Calif. (PRWEB). May 22, 2023. Clear Labs, a leader in next-generation sequencing automation workflow solutions, announces the launch of the Clear Dx™ Microbial Surveillance WGS, a fully-automated, end-to-end whole genome sequencing (WGS) solution for bacterial and fungal isolates. This groundbreaking application sets a new standard for speed, efficiency and simplicity in pathogen characterization
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Industries
Food & Agriculture
Data & Analytics
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series D
Total Funding
$150.2M
Headquarters
San Carlos, California
Founded
2014
Find jobs on Simplify and start your career today