Workflow
Growth Direct platform
icon
Search documents
Trinity Capital Inc. Provides $45 Million in Growth Capital to Rapid Micro Biosystems, Modernizing Healthcare Industry Practices
Prnewswire· 2025-09-22 12:00
Core Insights - Trinity Capital Inc. has committed $45 million in growth capital to Rapid Micro Biosystems, a company specializing in automation solutions for microbial quality control in healthcare product manufacturing [1][3][5] - Rapid Micro's Growth Direct platform enhances operational efficiency and data integrity, enabling faster and more accurate results in critical applications such as environmental monitoring and sterility testing [2][5] Company Overview - Trinity Capital Inc. is an alternative asset manager focused on private credit markets, having deployed over $4.7 billion across more than 420 investments since its inception in 2008 [4] - Rapid Micro Biosystems provides automation solutions that modernize manual microbial quality control testing workflows, significantly impacting biopharma manufacturing processes [5] Strategic Goals - The new capital from Trinity Capital will support Rapid Micro's global expansion of the Growth Direct platform and drive gross margin improvements through cost reductions and increased manufacturing efficiencies [3][4] - Rapid Micro aims to strengthen its financial position and focus on long-term revenue growth, margin expansion, and shareholder value enhancement [4]
Rapid Micro Biosystems Announces Appointment of Dr. Dafni Bika to Board of Directors
Globenewswire· 2025-05-27 13:00
Core Insights - Rapid Micro Biosystems, Inc. has appointed Dr. Dafni Bika to its Board of Directors, enhancing its leadership team with her extensive experience in pharmaceutical development and manufacturing [1][2][3] Company Overview - Rapid Micro Biosystems is a life sciences technology company focused on automation solutions for efficient manufacturing and safe release of healthcare products, including biologics, vaccines, and sterile injectables [4] - The company's flagship product, the Growth Direct system, modernizes microbial quality control testing workflows, improving speed, accuracy, operational efficiency, and compliance with data integrity regulations [4] Leadership and Expertise - Dr. Bika brings over 25 years of leadership experience in the pharmaceutical industry, having held senior roles at AstraZeneca, Bristol-Myers Squibb, and Merck [2][3] - Her academic credentials include a Ph.D. in Materials Science and Engineering from the University of Pennsylvania, a Master of Science from the University of Rochester, and a Diploma in Chemical Engineering from the National Technical University of Athens [3]