Skip to Content
Author: The BCW

Leave a Comment

Robotics Company Raises $32M in Additional Funding

Clarapath’s first robotic instrument, called SectionStar™, is a fully automated system which revolutionizes the reliability and efficiency of the pathology lab.

Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissues, announced this week it has raised $32 million in additional funding.

The round included The 4100 Group, East Post Road Ventures (Investment Arm of White Plains Hospital), Epiphron Capital, Northwell Ventures, P5 Health Ventures, and participation from other strategic organizations. This brings the total raised by Clarapath to more than $39 million. Clarapath is automating processes around the way tissue is processed onto glass slides via “sectioning,” or cutting a cross-section of the tissue specimen.

The company’s first robotic instrument, called SectionStar, is a fully automated system which revolutionizes the reliability and efficiency of the pathology lab. This standardization in the quality of tissue sections is foundational for molecular mapping of human disease and in the development of new treatment pathways.

“This funding will help further develop SectionStar with the goal of launching in the non-clinical market in the very near future and targeting the large clinical market as our ultimate goal. The current funding will help us continue building our team, as well as supporting a robust sales and service effort for our customers,” said Eric Feinstein, CEO of Clarapath, who was recently named one of the 40 under 40 Rising Stars by The Business Council of Westchester.

Clarapath is headquartered and runs its medical device development in Hawthorne. It also has a CLIA-certified Clinical Research Organization (CRO) that serves clinical and research organizations by processing tissue, performing whole slide imaging, and providing automated image processing based in New York City at the New York Genome Center.

Similar News Items

By John Ravitz, Executive Vice President & COO, Business Council of Westchester The following guest article appeared in the May 12th issue of Mid-Hudson News Climate change is real, and New York should continue to invest in energy efficiency, renewable electric power, and other greenhouse gas emission reduction strategies. These actions can have direct benefits […]

Read Article

The Business Council of Westchester and News12 co-hosted a debate on Monday for one of the nation’s highest-profile congressional races. Rep. Jamaal Bowman and County Executive George Latimer appealed for voters’ support in the race for New York’s hotly contested 16th Congressional District. The one-hour debate in White Plains addressed many issues, including the Middle […]

Read Article

The Business Council of Westchester’s Westchester Innovation Network is helping Richmond Community Services find employees by matching it with an artificial intelligence-powered platform that streamlines foreign worker visa applications. The BCW WIN matched Richmond Community Services with the software platform Immigr8 to speed up the hiring process through the federal H-1B visa program for specialty […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top