Dentsu Ventures participated as a new investor, as food safety technology developer Clear Labs closed a series B2 round that took its funding to $45m in total.
US-based food safety testing technology developer Clear Labs has completed a $21m series B2 round that included Dentsu Ventures, digital marketing firm Dentsu’s corporate venturing unit.
Venture capital firm Menlo Ventures led the round, which also featured Wing VC, Felicis Ventures, Khosla Ventures and undisclosed food producers. The company said the round took its total funding to $45m.
Founded in 2014, Clear Labs develops preventative food safety systems based on its next generation sequencing (NGS) platform. The cash will be…