Expanding flow cytometry offerings reach, Cytek completes Series C financing

Sept. 26, 2018
The funding will be used to facilitate the expansion of the company's flow cytometry footprint around the world.
(Courtesy of Cytek Biosciences)
The Cytek Aurora flow cytometer has the goal of making high-quality flow cytometry accessible to a larger number of researchers and clinicians; the Series C funding round will facilitate the expansion of the company's footprint around the world.
The Cytek Aurora flow cytometer has the goal of making high-quality flow cytometry accessible to a larger number of researchers and clinicians; the Series C funding round will facilitate the expansion of the company's footprint around the world.

Flow cytometry solutions provider Cytek Biosciences (Fremont, CA) has completed a Series C funding round co-led by Northern Light Venture Capital (Beijing, China) and 3E Bioventures (Los Altos, CA). The funding will be used to facilitate the expansion of the company's footprint around the world, as well as to ramp up sales, marketing, operations, and global product offerings.

Spurred by the success of its Aurora flow cytometers, which have been sold into four continents, this latest injection of capital underscores the value that the company's innovations are providing to the scientific community.

Feng Deng, founder of Northern Light Venture Capital, will join Cytek's board of directors. Deng has led and backed nearly 200 companies and, prior to forming Northern lights, co-founded NetScreen Technologies, which went public on NASDAQ and was later acquired by Juniper Networks (Sunnyvale, CA) for $4.2 billion. "By bringing a price point to market that lines flow cytometry up for broader adoption, Cytek Biosciences is well positioned to deliver on its promise to make high-end, high-quality flow cytometry accessible to a larger number of researchers and clinicians," Deng notes.

"Cytek Biosciences' innovative technology brings advanced flow cytometry to both research and clinical markets, especially in the immuno-oncology space," says Dr. Francine Fang, partner at 3E Bioventures. "We believe Aurora will be rapidly adopted into the worldwide market."

Cytek continues to move forward in empowering scientists to obtain deeper insights from a single sample: the company expects to launch several new products before the end of the quarter.

For more information, please visit www.cytekbio.com.

About the Author

BioOptics World Editors

We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editor’s Note: BioOptics World has folded as a brand and is now part of Laser Focus World, effective in 2022.)

Sponsored Recommendations

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

How to Tune Servo Systems: The Basics

April 10, 2024
Learn how to tune a servo system using frequency-based tools to meet system specifications by watching our webinar!

Motion Scan and Data Collection Methods for Electro-Optic System Testing

April 10, 2024
Learn how different scanning patterns and approaches can be used in measuring an electro-optic sensor performance, by reading our whitepaper here!

How Precision Motion Systems are Shaping the Future of Semiconductor Manufacturing

March 28, 2024
This article highlights the pivotal role precision motion systems play in supporting the latest semiconductor manufacturing trends.

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!