FinTechFunding

ClinSpec Diagnostics: Raises £2.4M Funding

  • ClinSpec Diagnostics, a Glasgow, Scotland-based early cancer detection company, raised £2.4m in funding
  • The round was led by Mercia’s EIS Funds with Scottish Investment Bank
  • The company intends to use the funds to progress its multi-cancer development program
  • They also plan to hire a further five employees to strengthen the scientific and operations teams, taking its total headcount to fourteen
  • The company established in 2016, they have conducted studies on brain, prostate and pancreatic cancers
  • The company remains open for a further £1 million to accelerate development, build value and prepare the groundwork for Series A funding
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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