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Inflammatix Announces $7.4 Million in Additional BARDA Funding to Advance ViraBac EZ Acute Infection Test

PRIVATEOct 29, 2020

Amount Raised

$7 Million

Round Type

Funding Round

SunnyvaleBiotechnology

Description

Inflammatix, a pioneering molecular diagnostics company, announced today a contract extension of $7.4 million from the Biomedical Advanced Research and Development Authority (BARDA), part of the U.S. Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response, to further develop its point-of-care test and system to diagnose infection by reading the immune system. The contract is part of a BARDA contract worth up to $72 million, if all options are exercised.

Quick answer

Inflammatix raised $7 Million in a Funding Round round, dated October 29, 2020. Inflammatix is based in Sunnyvale, California, United States.

How much did Inflammatix raise?
Inflammatix raised $7 Million in a Funding Round round on October 29, 2020.
What does Inflammatix do?
Inflammatix is developing an innovative point-of-care instrument platform to be used with a test to aid in the diagnosis of acute infection and sepsis by harnessing the immune system to deliver advanced immune response..
Where is Inflammatix based and how big is it?
Inflammatix is based in Sunnyvale, California, United States. Fundz records about 87 employees.
Who are the decision-makers at Inflammatix?
Fundz holds 1 contact at Inflammatix, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Inflammatix that raised within 45 days of this round, from Fundz verified event records.

  • ENvue Medical, Inc. raised $6.6M on December 11, 2020.
  • Amplified Sciences, LLC raised $1.1M (Seed) on December 11, 2020.
  • Sirnaomics, Inc. raised $89M on December 10, 2020.
  • Sight Sciences raised $23M on December 10, 2020.
  • Switchback Systems raised $2M (Seed) on December 10, 2020.
  • CG Oncology raised $47M (Series D) on December 10, 2020.

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Company Information

Company

Inflammatix

Location

540 Oakmead Pkwy

Sunnyvale, California, United States

About

Inflammatix is developing an innovative point-of-care instrument platform to be used with a test to aid in the diagnosis of acute infection and sepsis by harnessing the immune system to deliver advanced immune response diagnostics. Our test rapidly informs the clinician about the likelihood of bacterial or viral infection and the need for ICU level care in the emergency department. Faster results may translate into more timely and appropriate therapy and level of care decisions.

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Related People

1 contact
Verified contactsTim S., Director hiddenSee plans and pricing
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Inflammatix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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