Sunday, December 15, 2024

Nutromics: Raises US$14M in Funding

Nutromics Raises US$14M in Funding

  • Nutromics, a Brunswick, Australia-based MedTech startup, raised US$14M in funding
  • The round was led by Dexcom Ventures, VU Venture Partners, and Artesian Investments
  • This latest round of funding will support an expansion of clinical studies, expansion of R&D team and investment across both Australian and United States hubs
  • The company is a developing a wearable diagnostic platform that uses DNA technology to enable tracking for multiple targets in the human body using a single patch
  • The company will complete world-first in-human clinical studies of its first DNA sensors in 2022, as well as its integrated alpha prototype device

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