3 years ago
TestCard Secures USD10 Million to Expand MedTech Platform
TestCard, a UK-based MedTech company, has raised USD10 million in funding from West Hill Capital
The company intends to use the funds to commercialize its existing product suite, launch new products, and invest in its technology
TestCard's platform turns smartphones into clinical-grade scanners for rapid diagnostic medical tests, making testing more accessible for consumers and transforming workflows in clinical settings
The company has secured retail partnerships for its UTI test and treat service and launched its Covid-19 antigen testing solution, ClearScreen, into the NHS
TestCard is looking to launch in the US in early 2023.
ProblemHealthcare
"Making diagnostic testing more accessible and affordable, especially in the UK's already strained healthcare system"
Solution
"Leveraging smartphone technology to turn them into clinical-grade scanners, allowing accurate interpretation of rapid diagnostic tests. This helps streamline workflows in clinical settings and makes testing more accessible for consumers."