Life Magnetics, Inc.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $120k | Seed | |
$180k | Seed | ||
$250k | Seed | ||
$210k | Seed | ||
N/A | - | ||
Total Funding | €691k |
Recent News about Life Magnetics, Inc.
EditLife Magnetics operates in the biotechnology sector, specializing in RNA isolation and stabilization solutions. The company serves academic researchers, pharmaceutical companies, and clinical laboratories by providing advanced RNA extraction kits. These kits utilize carbon-based technology to stabilize RNA at room temperature, eliminating the need for complex storage conditions and centrifugation steps. This innovation not only simplifies the RNA extraction process but also enhances yield and purity, making it easier for clients to conduct their research and diagnostic activities. Life Magnetics generates revenue through the sale of these specialized kits, which are compatible with automated liquid and bead handling systems, thereby appealing to clients looking for scalable and efficient solutions. The market for RNA isolation is growing, driven by increased research in genomics and molecular biology, and Life Magnetics is well-positioned to capitalize on this trend with its unique product offerings.
Keywords: RNA isolation, carbon-based technology, biotechnology, high yield, room temperature stability, automation, academic research, pharmaceutical, clinical laboratories, scalable solutions.