NanoBio Designs Raises $375,000 in capital

Participant NanoBio Designs continues to see growing commercial interest in its innovative genetic detection platform. Emerge Foundation stakeholders invested $375,000 in capital in addition to the initial $40,000 seed capital used as local match for NBD's Proof of Commercial Relevance state funding. Validation research and development are occurring at Maple Ventures, a device-based co-working center in West Des Moines led by Simpson College alumni Hank Norem.  Milestones anticipated to be reached in 2021 include having 5-10 working detection devices developed for pilot project partners.