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

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...
FinTech

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...
FinTech

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...
FinTech

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...