Chromotek raises €400K for chromobody technology

21 Jul 2010 | News

Funding

Two public German venture funds, High-Tech Gründerfonds and Bayern Kapital, are investing €400,000 in Chromotek GmbH, to fund research and development work leading up to the market launch of the company’s chromobody technology for use in living cell analysis.

Chromotek GmbH, a spin-out from the Ludwig Maximilian University in Munich, develops and distributes chromobody technology-based research reagents that can be used to isolate and screen for cellular components in proteomics research.

Bernd Goergen, Senior Investment Manager at High-Tech Gründerfonds, said, “With our investment we are funding not only highly innovative technology in the growth sector of high-content screening, but also an exceptionally dynamic start-up team that has profound market knowledge and commercialisation expertise.”

Chromobodies are a new kind of fluorescent nanoprobe that are extremely small, very stable, and economical to produce. In contrast to conventional antibodies, chromobodies are suited to real-time screening in living cells and are therefore useful for high-content analysis.

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