4 years ago
Sense Biodetection Secures $15 Million to Expand COVID-19 Testing
Sense Biodetection, a UK-based diagnostics company, secured an additional $15 million in its Series B funding round, bringing the total raised to $65 million
The round was led by existing investor Koch Disruptive Technologies (KDT)
The funding will be used to support the commercial launch of the company's COVID-19 Test in the US and Europe.
ProblemHealthcare
"Sense Biodetection aims to address the need for accurate, rapid, and accessible COVID-19 testing by developing a molecular diagnostics platform that delivers lab-quality results without the need for instruments."
Solution
"The Veros™ platform is designed to provide rapid, disposable molecular tests for COVID-19, enhancing patient access to testing and improving patient health outcomes while reducing overall healthcare costs."