How Much Did BioMedomics Raise?
Funding & Key Investors

BioMedomics has solidified its position in the medical diagnostics sector, securing a cumulative capital infusion of $1.2M. This trajectory of financial backing, highlighted by a recent strategic investment of $530K, underscores the market confidence in the company's specialized approach to rapid, point-of-care testing. By leveraging these resources, the firm continues to scale its operational capacity and research initiatives, ensuring that its diagnostic platforms remain at the forefront of global health technology.

What is BioMedomics?

BioMedomics
ManufacturingMedical Devices & EquipmentBusiness Services

Headquartered in Research Triangle Park, North Carolina, BioMedomics operates as a subsidiary of OraSure Technologies, maintaining ISO 13485 certification. The company is primarily recognized for its pioneering work in hematology and infectious disease diagnostics. Its flagship innovation, Sickle SCAN, represents a significant advancement in medical technology, providing a rapid, field-deployable solution for sickle cell disease detection. By eliminating the reliance on centralized laboratory infrastructure, BioMedomics effectively bridges the gap in diagnostic accessibility, particularly within under-resourced clinical environments. Their commitment to R&D ensures a robust pipeline of affordable, high-accuracy diagnostic tools designed to meet critical global healthcare demands.

How much funding has BioMedomics raised?

BioMedomics has raised a total of $1.2M across 2 funding rounds:

2013

Private Equity

$690K

2017

Private Equity

$530K

Private Equity (2013): $690K, investors not publicly disclosed

Private Equity (2017): $530K, investors not publicly disclosed

Key Investors in BioMedomics

Undisclosed Investor

An institutional capital provider focused on long-term growth and strategic development within the life sciences and medical technology sectors.

Undisclosed Investor

A private equity firm specializing in scaling healthcare infrastructure and supporting innovative diagnostic companies through late-stage financing.

Undisclosed Investor

An investment group dedicated to backing high-impact medical technology firms that address critical gaps in global diagnostic accessibility.

What's next for BioMedomics?

With the support of its recent capital injection, BioMedomics is well-positioned to accelerate its market penetration and expand its diagnostic portfolio. The strategic focus will likely center on scaling the distribution of its existing point-of-care solutions while simultaneously investing in the development of next-generation assays. As the company integrates further with OraSure Technologies, it is expected to leverage broader distribution networks to enhance its footprint in international markets. Future growth will be driven by the dual imperatives of technological innovation and the democratization of diagnostic access, ensuring that BioMedomics remains a pivotal player in the evolving landscape of global health diagnostics.

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Frequently Asked Questions Regarding BioMedomics Financial Insights

What are the most recent funding rounds that BioMedomics has completed, and what were the funding rounds?
BioMedomics has recently completed 2 funding rounds: Private Equity on Jul 20, 2017, Private Equity on Dec 19, 2013.
What is the total amount of funding BioMedomics has raised to date?
BioMedomics has raised a total of $1.2M in funding to date.
How many funding rounds has BioMedomics completed?
BioMedomics has completed 2 funding rounds.
How much funding did BioMedomics raise in its most recent funding round?
BioMedomics raised $530K in its most recent funding round.
Which was the largest funding round in BioMedomics's history?
The largest funding round in BioMedomics's history was $690K.
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