908 Devices calls on corprorates for series E round

May 1, 2019 • Jack Hammond

908 Devices plans to add a life science device to its chemical detection product range, having landed $17.5m in a Schlumberger and Saudi Aramco-backed round.

Oil and gas companies Schlumberger and Saudi Aramco have taken part in a $17.5m series E round for US-based chemical analysis system developer 908 Devices.

Venture capital firm Northpond Ventures led the round, investing alongside Sans Capital Ventures, Arch Venture Partners, Razor’s Edge Ventures, Casdin Capital and Tao Capital Partners, while Saudi Aramco participated through corporate venturing arm Saudi Aramco Energy Ventures (SAEV).

Founded in 2012, 908 has developed chemical analysis devices that are used across the life sciences, safety…

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