We have successfully finished our first financing approach and have been awarded €100K under the umbrella of the "Innovative Projects" program by the LfA Förderbank Bayern, a state-owned institution that supports small and medium-sized businesses in Bavaria. We are thrilled and honored that our ambitious plans on providing innovative and rapid nucleic acid extraction solutions have passed the critical review phase and have eventually been acknowledged in such as nice way. We plan to utilize the funding for expansion of marketing activities and for ramping up our R&D activities.