VUV Analytics Closes Series B Financing

AUSTIN, Texas, Aug. 18, 2016/ PRNewswire/– VUV Analytics, Inc., the leader in vacuum ultraviolet (VUV) absorption spectroscopy, announced closing of a $6.5 million Series B equity funding. The round was led by new investor New Science Ventures, with involvement from S3 Ventures and other previous financiers. Vivek Mohindra, Partner at New Science Ventures, has actually joined the companys board of directors. In 2014 and 2015, the business had actually previously raised an overall of $7 million in Series A equity and $2 countless debt.

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VUV Analytics has actually established a platform innovation that is currently being embraced in diverse markets, from refining and petrochemical to food and life science, said Vivek Mohindra, We were particularly pleased with the business traction amongst Worldwide 100 companies.We anticipate VUV technology to ultimately permeate a broad cross areasample of the laboratory analytical and procedure control markets.

We are very delighted to have New Science Ventures as our Series B lead financier, stated Clark Jernigan, CEO of VUV Analytics. The group at NSV, with knowledge in both advanced products and life sciences, was precisely what we were looking for with Series B, and will be of excellent help as we broaden our markets and technology reach from a strong beginning point in fuels refining and chemicals production.Given our ramping income and capital effective company design, we expect this capital to take the business to self-sufficient development.

It has been enjoyable to see VUV Analytics establish from an appealing technology to an effective business with market leading consumers, stated Brian R. Smith, Handling Director at S3 Endeavor Partners. We invite New Science Ventures to the team and look forward to seeing the business reach the next level.

About VUV Analytics

VUV Analytics is the leader in vacuum ultraviolet (VUV) absorption spectroscopy. VUV Analytics items have declared the Finestthe very best New Analytical Instrument award at the Gulf Coast Conference, a Top 5 Award from The Analytical Scientist, 2015 Ramp;D 100 Market Disruptor Item by Ramp;D Magazine, and Innovative Item of the Year at the ISA Analysis Symposium. For more informationTo find out more, see www.vuvanalytics.com or contact VUV Analytics directly at -LRB-512-RRB- 333-0860.

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SOURCE VUV Analytics Inc.

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Related Links http://www.vuvanalytics.com

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