Thursday, May 10, 2012

BioSurplus Gets $1.5M For Boston Expansion

San Diego-based BioSurplus, a provider of pre-owned, laboratory instruments for the life sciences industry, said today that it has raised $1.5M in a capital raise for an expansion into Boston. The firm said the funding came from KI Investment Holdings. BioSurplus offers up used and surplus laboratory equipment for its customers, and also has operations in San Diego, San Francisco, and Korea, in addition to online sales. The firm is headed by Preston "Cinco" Plumb.

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