During the past couple of decades, the Baltic States have transformed their economies significantly, shifting towards innovative, high value-added industries and increasingly focusing on technologies, information and science sectors. One of the most striking examples of that is the rise of Lithuania’s life sciences industry, which is gaining a lot of momentum and attracting more and more attention internationally.
Fast growing hub of innovation
Biotech Startup Droplet Genomics Raises €1 Million from Practica Capital to Commercialize Droplet Microfluidics Technology
January 28, 2021
Vilnius, Lithuania, January 27, 2021 – Droplet Genomics, a Lithuanian biotech startup, has today announced that it has raised a total of €1M in a Seed funding round led by Practica Capital, with contribution from Angel investors.
Droplet Genomics is a Lithuanian biotech startup that aims to commercialize droplet microfluidics technology. Owing to its unparalleled throughput, droplet microfluidics enables researchers to study single cells and single molecules. Experiments performed at such resolution, allow scientists to uncover new facets of human biology, diseases and speed up drug discovery research. Droplet Genomics develops hardware systems, consumables and software solutions. They intend to create easy to use workflows that would enable researchers to tap into the potential of droplet microfluidics technology for studying complex bi