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Hermes Biosciences Raises Seed Funding to Make Extracellular Vesicles a Practical Tool for Precision Medicine

Hermes Biosciences Raises Seed Funding to Make Extracellular Vesicles a Practical Tool for Precision Medicine

December 19, 2025 Craig Etkin

New technology captures the biological units of communication between cells at higher yield and quality, increasing their value in understanding, diagnosing, and treating

SAN FRANCISCO–(BUSINESS WIRE)–Hermes Biosciences, a life science tools company developing a benchtop, hands-off system for the isolation of extracellular vesicles (EVs), today announced it raised a Seed financing round to deliver its first commercial instrument in 2026, aimed at clinical researchers across academia, Pharma, and clinical customers who require standardized, scalable workflows. The round was led by Genoa Ventures, with participation from Paladin Capital Group and Vertical Venture Partners. Pre-Seed capital and company formation support were also provided by Genoa’s venture studio, General Inception.

Extracellular vesicles are nano-scale cell-communication packets shed by living cells into blood, urine, and other biofluids. They carry highly specific molecular cargo that reflects cell state and disease biology, making them powerful analytes for understanding, diagnosing, and treating cancer, degenerative diseases, and conditions in regenerative medicine. Their abundance, ubiquity, and molecular specificity have driven significant interest across research and drug development from early biomarker discovery to therapeutic development, yet EV isolation remains a major bottleneck. Current methods are slow, inconsistent, and difficult to scale: ultracentrifugation is cumbersome and poorly suited for clinical workflows, while column-based kits introduce variability and operational complexity, leaving a critical unmet need for reliable, high-quality EV isolation tools.

“EVs carry information that could fundamentally change how we detect and understand disease, but unlocking that value depends on being able to isolate and study them reliably,” said Paco Cifuentes, PhD, CEO of Hermes Biosciences. “Our technology opens the door for the clinical and research community to use EVs as an analyte of choice, addressing the sensitivity shortcomings of circulating tumor DNA and proteins, especially for early disease detection and progression. Providing easy and scalable access to EVs with our platform has the potential to impact lives through better therapeutic insights and earlier disease detection.”

Building on nanofiltration technology invented by the co-founder of Hermes Biosciences and professor of Stanford University School of Medicine, Utkan Demirci, PhD, the Hermes platform isolates EVs with exceptionally high yield and purity through a simple, fully automated workflow. The system delivers up to 10X more vesicles than ultracentrifugation and other commercial platforms, while preserving vesicle integrity and molecular content. Its hands-off, workflow-integrated design enables true high-throughput operation and supports the expanding use of EVs as clinical and translational assets.

“The Hermes platform enables collaborators across translational research to tap into the molecular conversations between cells, revealing how cells grow, communicate, and drive disease progression,” said Vikram Chaudhery, PhD, Partner at Genoa Ventures and President of General Inception. “Through our venture studio, General Inception, we were able to help translate this breakthrough technology into a company with a great team, great science, and a clear opportunity for outsized impact in human health. This is exactly what we look for in a Genoa portfolio company, and we’re excited to support Hermes Biosciences in the journey ahead.”

For more information on Hermes, please visit www.hermesbio.com.

About Hermes

Hermes Biosciences develops automated technology that isolates and analyzes intact extracellular vesicles (EVs) from biological samples. Co-founded by Prof. Utkan Demirci and General Inception, the technology delivers nearly 10 times more vesicles than ultracentrifugation and other commercially available systems while preserving vesicle integrity and molecular cargo. The platform provides high-quality exosome data for research, diagnostic development and clinical innovation to support new ways to detect, understand and treat disease.

Contacts

Media Contact
Andrea Vuturo
Vuturo Group for Hermes Bio
andrea@vuturo.com
+1 (415) 689-8414

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Hermes Biosciences, San Francisco, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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