Mission Bio is developing a microfluidic, droplet-based platform to enable critical advances in diseases like cancer, where elucidating heterogeneity in cell populations is essential. The company spun out of the University of California, San Francisco (UCSF) three years ago, and gained attention in the last year after securing U.S. National Institutes of Health (NIH) and U.S. National Science Foundation (NSF) grants and winning the QB3@953 Amgen Golden Ticket Award and CYTO Innovation Award in 2016 . Earlier funding came from Tech Coast Angels and Keiretsu Forum, as well as other seed-stage investment funds. The vision and entrepreneurial drive of the LSA group helps fuel the development of businesses that play a key role in advancing health care, said Charlie Silver, chief executive officer of Mission Bio. We are proud that LSAs team of sophisticated life sciences investors supports the work we are doing to help academic researchers and pharmaceutical and biotech companies impact patient care with tools for precision biology.” halocapitalgroup.com commercial vehicle financing Life Science Angels is an angel investment group focused solely on biotechnology, genomics, diagnostics, medical device and mobile health companies. Since 2005, LSA and its affiliates have invested over $50 million in 50 companies which have received an additional $500+ million on follow-on funding from VCs. Mission Bios tools for high throughput single-cell genomics offer great promise for improving cancer research and thus, cancer treatment, and the team has shown skill in developing this powerful technology, said Allan May, Chairman of Life Science Angels.
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