How Much Did BacterioScan Raise?
Funding & Key Investors

BacterioScan has successfully secured a total of $9.9M in capital to advance its diagnostic platform, with the most recent strategic investment totaling $150K. This infusion of financing underscores the company's pivotal role in the medical technology sector, specifically within the high-growth field of rapid diagnostic testing. By leveraging these resources, the firm continues to solidify its market position as a leader in point-of-care UTI detection, effectively bridging the gap between clinical necessity and operational efficiency.

The company's trajectory, marked by a series of strategic capital injections, reflects a robust commitment to scaling its proprietary light scattering technology. As the healthcare industry shifts toward value-based care, BacterioScan's ability to provide rapid, accurate results positions it as a critical asset for providers aiming to optimize patient outcomes while managing rising diagnostic costs.

What is BacterioScan?

BacterioScan
ManufacturingMedical Devices & EquipmentTest & Measurement Equipment

BacterioScan operates at the intersection of clinical diagnostics and antibiotic stewardship, offering the only FDA-cleared device specifically engineered for rapid UTI detection. By utilizing advanced light scattering technology, the platform delivers diagnostic results within a 30 to 180-minute window, boasting a sensitivity of 97.7% and a negative predictive value of 99.2%. This technological capability is essential for modern healthcare providers, as it enables the immediate identification of true-negative cases, thereby preventing the unnecessary prescription of antibiotics and reducing overall healthcare expenditures. The company's focus on speed, accuracy, and affordability addresses long-standing inefficiencies in traditional laboratory testing, establishing a new standard for point-of-care diagnostics in the clinical environment.

How much funding has BacterioScan raised?

BacterioScan has raised a total of $9.9M across 4 funding rounds:

2013

Unspecified

$2.1M

2014

Series A

$6M

2015

Unspecified

$1.7M

2020

Debt

$150K

Unspecified (2013): $2.1M, investors not publicly disclosed

Series A (2014): $6M led by Warson Capital Partners, BioGenerator, and Missouri Technology

Unspecified (2015): $1.7M, investors not publicly disclosed

Debt (2020): $150K featuring PPP

Key Investors in BacterioScan

Warson Capital Partners

Warson Capital Partners is a St. Louis-based firm specializing in capital sourcing, mergers and acquisitions, and financial restructuring for middle-market companies.

BioGenerator

BioGenerator is a St. Louis-based organization that fosters innovation by providing both venture capital investment and comprehensive startup support through its dedicated laboratory facilities.

Missouri Technology Corporation

The Missouri Technology Corporation is a public-private partnership focused on enhancing entrepreneurship and supporting high-tech development within the life sciences and technology sectors.

What's next for BacterioScan?

With the support of its recent strategic investment, BacterioScan is poised to accelerate its commercial expansion and deepen its penetration into the clinical diagnostic market. The company's forward-looking strategy centers on enhancing antibiotic stewardship programs across healthcare systems, a move that aligns with global efforts to combat antimicrobial resistance. By scaling its operational capacity and refining its diagnostic suite, BacterioScan is well-positioned to capitalize on the increasing demand for rapid, decentralized testing solutions. Future growth will likely focus on expanding the clinical utility of its light scattering platform, potentially addressing a broader range of infectious disease diagnostics while maintaining its commitment to high-precision, cost-effective patient care.

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Frequently Asked Questions Regarding BacterioScan Financial Insights

What are the most recent funding rounds that BacterioScan has completed, and what were the funding rounds?
BacterioScan has recently completed 3 funding rounds: Debt on Apr 29, 2020, Unspecified on Jul 22, 2015, Series A on Dec 9, 2014.
What is the total amount of funding BacterioScan has raised to date?
BacterioScan has raised a total of $9.9M in funding to date.
How many funding rounds has BacterioScan completed?
BacterioScan has completed 3 funding rounds.
How much funding did BacterioScan raise in its most recent funding round?
BacterioScan raised $150K in its most recent funding round.
Who are the lead investors in BacterioScan's latest funding round?
The lead investor in BacterioScan's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BacterioScan's history?
The largest funding round in BacterioScan's history was $6M.
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