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Biobot Analytics Raises $6.7 Million in Seed Funding to Transform Wastewater Infrastructure into Public Health Observatories

April 21, 2020
https://finance.yahoo.com/news/biobot-analytics-raises-6-7-160000132.html

Biobot Analytics, a technology company that deploys wastewater monitoring equipment and analytical tools to provide novel public health insights at the community level, today announced it has raised $4.2 million bringing its total amount of seed funding to $6.7 million. In response to the emerging crisis, Biobot has begun deploying its platform to track the spread of COVID-19 and map its prevalence in cities across the U.S.

The funding round was led by The Engine, the venture firm spun out of MIT, that invests in early-stage Tough Tech companies that are solving the world’s most urgent problems through the convergence of breakthrough science, engineering, and leadership. AmFam Institute Impact Fund joined the round as a strategic investor. Previous investors Y Combinator and DCVC also participated in this round. This capital will be used to support rapid growth of operations to address pandemic challenges and fund additional market expansion and product development.
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