Durham North Carolina based Baebies is raising $28,500,000.00 in New Equity Investment.
Durham, NC – According to filings with the U.S. Securities and Exchange Commission, Baebies is raising $28,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Richard West played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Baebies
Our mission is to save lives and make lives better for all by bringing new technologies, new tests and new hope to children, parents and healthcare professionals worldwide. Baebies was founded in 2014 by Richard West and Vamsee Pamula, following the successful development of digital microfluidics technology, the development and launch of multiple products, and the eventual sale of Advanced Liquid Logic to Illumina, Inc. Baebies has now licensed its core technology, acquired product and manufacturing assets, and built a seasoned management and technical team to pursue opportunities in newborn screening and pediatric testing. We believe that everyone deserves a healthy start, regardless of their socio-economic status or geography.
To learn more about Baebies, visit http://baebies.com/
Contact:
Richard West, Chief Executive Officer
919-891-0432
rwest@baebies.com
https://www.linkedin.com/in/richard-west-029aa8/
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