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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Bioaxial secures €1.9 million to commercialize microscopy instruments

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Paris-based Bioaxial, developers of superresolved fluorescence microscopy for the extended imaging of live cells, has announced the completion of a €1.9 million (about $2.6 million) equity investment by three new large investors – Amorcage Technological Investment (a fund managed by CEA Investment), Inserm Transfert Initiative and Viveris Management – plus a range of individual investors.

This capital will back the commercial launch of Bioaxial’s first product, an optical microscopy module, which is expected in the second half of 2014. Bioaxial is developing imaging instruments for fluorescence microscopy that allow extended imaging of live cells with an improved resolution so far unattainable in research laboratories. The module not only allows observation of living cells in superresolution over time without damaging them, but, unlike its competitors, does not require complex manipulations. It has been tested at the Pasteur Institute for the past 12 months.

“Our technology revolutionizes optical microscopy in the life sciences market,” said Gabriel Sirat, chief technology officer, co-founder and inventor of the technology. “We expect applications in many areas where improved resolution is essential to better understand the processes of live entities.”

“This is our second investment in medical device instrumentation,” said Matthieu Coutet, managing director at Inserm Transfert Initiative. “We were very impressed by this ambitious project, which brings together an experienced team, a disruptive technology and clearly identified business opportunities.”
Excelitas Technologies Corp. - X-Cite Vitae  MR 11/24

Published: January 2014
Glossary
fluorescence
Fluorescence is a type of luminescence, which is the emission of light by a substance that has absorbed light or other electromagnetic radiation. Specifically, fluorescence involves the absorption of light at one wavelength and the subsequent re-emission of light at a longer wavelength. The emitted light occurs almost instantaneously and ceases when the excitation light source is removed. Key characteristics of fluorescence include: Excitation and emission wavelengths: Fluorescent materials...
superresolution
Superresolution refers to the enhancement or improvement of the spatial resolution beyond the conventional limits imposed by the diffraction of light. In the context of imaging, it is a set of techniques and algorithms that aim to achieve higher resolution images than what is traditionally possible using standard imaging systems. In conventional optical microscopy, the resolution is limited by the diffraction of light, a phenomenon described by Ernst Abbe's diffraction limit. This limit sets a...
BiophotonicsEuropefluorescencelive cellsMicroscopyRapidScansuperresolutionBioaxialAmorcage Technological InvestmentCEA InvestmentInserm Transfert InitiativeViveris ManagementPasteur InstituteGabriel SiratMatthieu Coutet

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