Clear Labs announces $13M Series B Funding and welcomes Michael Taylor to Board of Directors
by, Mahni Ghorashi and Sasan Amini
Today marks the beginning of a new chapter in Clear Labs’ mission to revolutionize food safety and mitigate risk through data-driven intelligence.
This morning we announced the close of our $13 million Series B funding round led by Wing Venture Capital and with participation from Google Ventures, Tencent, Khosla Ventures, and Felicis Ventures. We’re also excited to welcome Mike Taylor, former Deputy Commissioner of Food at the FDA, to our board of directors. Mike brings over 30 years of food-safety experience to Clear Labs, and he’s excited to help us realize our mission of bringing NGS technology to the food industry at large.
It’s been a little over a year since we closed our Series A funding and launched Clear Labs. In that short time we’ve built an incredibly talented team and significantly expanded our testing and analytics offerings. We’ve also had the privilege of working with a forward-thinking group of pilot customers, including some of the world’s leading food retailers and manufacturers. It’s only just the beginning, and we’ve been encouraged by the response and collective effort of the industry to create a better food supply chain.
Along with our investors, we’re certain that our Next Generation Sequencing (NGS)-based food tests and software-analytics offerings will have huge implications for the scalability and accessibility of food safety and quality measures. We’ve seen strong signals that the food industry is ready to adopt NGS technologies to enhance and future proof their food-safety, food-quality, and new product development programs.
With this new round of funding, we’ll continue to extend our commercial reach throughout the US, Europe, and Asia by adding to our family of food tests, expanding our commercial team, and enhancing our software offerings, the analytical capabilities of which allow us to identify trends and threats to our customers so that they can proactively protect their supply chains.
We’re incredibly grateful to everyone who helped make today possible: our customers, our investors, our talented, ambitious team, and the thousands of individuals who have enthusiastically followed our progress and encouraged our efforts. Thank you for joining us on our journey.
Here’s to another great year in 2017!
With heartfelt gratitude,
Mahni Ghorashi and Sasan Amini
Cofounders, Clear Labs
Did this article pique your interest?