Source Molecular operates a contract laboratory that applies DNA techniques and EPA-developed intellectual property to determine species of origin in water sources contaminated with coliform bacteria. The company’s clients include state and federal oversight agencies, water utilities responsible for drinking water and sewage systems, conservation groups, large animal feed organizations, and storm-water management divisions of commercial enterprises. Founded in 2002 and led by CEO Mauricio Larenas, the firm provides services to entities subject to the Federal Clean Water Act’s permitting requirements. Source Molecular raised a $1.6M Series A to support its growth. The Series A proceeds will be used to develop new product offerings including self-test kits and project modeling software, and to expand global marketing efforts. The company continues to operate as a specialist testing laboratory focused on water-source species identification.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2017