Clear Labs, a biotech company that provides automated safety technologies to food manufacturers, has raised $18 million in a round of funding from a raft of high-profile investors, including Alphabet’s GV, private equity firm Redmile Group, Menlo Ventures, and Khosla Ventures.
The Menlo Park, California-based company said it would use this cash injection to not only continue commercializing its product in the food safety sector but to also reappropriate its “next-generation sequencing” technology for the clinical market — particularly for COVID-19 diagnostic tests.
