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
Previous article
CardieX: Partners with Andon
Next article
Lokalise: Raises $6M in Series A Funding
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.

You May Also Like

FinTech

Paysend Raises $25 Million, Strengthening Expansion Plans

This new funding round aims to boost Paysend's global reach and service offerings.Highlights: Paysend secures $25 million in...
FinTech

Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights: Lloyds is experimenting with quantum computing for...
FinTech

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights: 9fin raised $170 million in a recent...
FinTech

CommBank Enhances Account Onboarding with Password Chip Scanning

New feature streamlines account setup via mobile app for users.Highlights: CommBank introduces password chip scanning in its mobile...