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

SWIFT Strengthens Blockchain-Based Shared Ledger for Real Transactions This Year

The financial messaging service aims to integrate blockchain technology in operations.Highlights: SWIFT plans to launch a blockchain-based shared...
FinTech

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...
FinTech

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...
FinTech

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...