BioSurplus Raises $2.4M

San Diego-based BioSurplus, a provider of equipment management services and pre-owned laboratory instruments, said this morning that it has closed its Series A financing round, bringing the total raised in the oversubscribed round to $2.4M. The latest injection in the round came from SJF Ventures. BioSurplus had initially announced the round in May, with investments from KI Investments, when the round stood at $1.5M. BioSurplus said it is using the additional funding to expand its services in Boston. BioSurplus is a provider of used laboratory equipment to companies, which it sells via online auctions. More information »