Source: MORNING AG CLIPS, 5/13/21

Applied LifeSciences & Systems (ALSS) announced Wednesday the initial close of a $7 million Series B equity financing. The financing was co-led by Merck Animal Health and Mountain Group Partners. Oval Park Capital, a Raleigh-based early-stage investment firm also has participated in the round. ALSS integrates its proprietary technologies in high-speed imaging, feature recognition, artificial intelligence, robotics and microfluidics in a system currently developed for the commercial poultry industry. This system can individually and accurately vaccinate up to 100,000 chicks per hour...

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