NEW YORK (GenomeWeb) – Developer of rapid, multiplex molecular diagnostics, Qvella, has raised $20 million in Series B financing, the company said today.

The funding round was co-led by the firm's existing investor syndicate, including RA Capital, Whitecap Venture Partners, Hatteras Ventures, and Sands Capital, which previously supplied Qvella $20 million in Series A financing. New investor BioMérieux also participated in the round.

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