5 years ago

Iceni Diagnostics Secures £1.3 Million Seed Funding for Rapid COVID-19 Test

  • Iceni Diagnostics, a UK-based startup developing rapid COVID-19 tests, has secured £1.3 million in seed funding from New Anglia Capital and Anglia Capital Group

  • The investment brings the total funding raised by Iceni Diagnostics to £2 million in 2021

  • The company plans to use the funds to build out commercial infrastructure, expand its senior team, and develop its technology further

  • Iceni Diagnostics' rapid COVID-19 test is designed to provide results in just 15 minutes and is currently undergoing trials

  • The company is also developing diagnostics and therapeutics for other infectious diseases.

      • ProblemHealthcare

      "Current COVID-19 tests can take a long time to get results, making it difficult to quickly identify and isolate infected individuals."

      Solution

      "Iceni Diagnostics has developed a rapid COVID-19 test that provides results in just 15 minutes. The test works by identifying sugar molecules called glycans that the virus requires to infect cells. This technology can also be used to test for other infectious diseases."

      Covered on