Stem Cell Co. Raises $18 Million

Cellular Dynamics International, a Madison, Wis.-based developer of stem cell technologies for drug development and personalized medicine, has raised $18 million in Series A funding. Tactics II Stem Cell Ventures LP led the round, and was joined by Tactics II Ventures LP and the Wisconsin Alumni Research Foundation. In related news, CDI has absorbed sister companies – and fellow University of Wisconsin spinouts -- Stem Cell Products Inc. and iPS Cells Inc.

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