5 years ago

RAB-Microfluidics Secures £1.24M to Revolutionize Oil Analysis with Lab-on-a-Chip Technology

  • Scottish R&D firm RAB-Microfluidics has secured £1.24 million in funding to expand its team and product development

  • The investment round was led by Eos Advisory, joined by Newable Ventures, Scottish Enterprise, and existing investors

  • The company's laboratory-on-a-chip technology allows for on-site oil analysis, offering a faster and more cost-effective alternative to traditional lab testing

      • ProblemEnergy

      "Making oil testing and analysis services slow, expensive and inconvenient by requiring oil samples to be sent to laboratories."

      Solution

      "Delivering oil analysis more than one thousand times faster and around 10 times cheaper by making conventional laboratory procedures mobile, rapid and routine with laboratory-on-a-chip technology."

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