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Kryptos Biotechnologies Raises $10 Million in Series A Financing led by Osang Healthcare to Develop Kuick Molecular Diagnostics System

PRIVATEApr 04, 2024

Amount Raised

$10 Million

Round Type

Series A

San FranciscoBiotechnologyHealth CareHealth Diagnostics

Investors

Osang Healthcare

Description

Kryptos Biotechnologies announced that they have raised $10 million in Series A financing led by Osang Healthcare to further develop Kryptos’s flagship point-of-care molecular diagnostics system KuickTM, which aims to advance the clinical study of respiratory combo tests and receive FDA approval by 2025, along with a strategic partnership for the manufacturing and distribution of its product.

Quick answer

Kryptos Biotechnologies raised $10 Million in a Series A round, dated April 4, 2024. Investors: Osang Healthcare. Kryptos Biotechnologies is based in San Francisco, California, United States.

How much did Kryptos Biotechnologies raise?
Kryptos Biotechnologies raised $10 Million in a Series A round on April 4, 2024.
Who invested in Kryptos Biotechnologies?
Osang Healthcare is named as investors in this round.
What does Kryptos Biotechnologies do?
Kryptos Biotechnologies, Inc. is a Life Science startup based in the Bay Area, California.
Where is Kryptos Biotechnologies based and how big is it?
Kryptos Biotechnologies is based in San Francisco, California, United States.
Who are the decision-makers at Kryptos Biotechnologies?
Fundz holds 1 contact at Kryptos Biotechnologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Diagnostics and Biotechnology around the same time

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

  • Cerenome, Inc. raised $18M (Post-IPO Equity) on May 6, 2024.
  • Testmate Health raised $6M (Seed) on May 2, 2024.
  • Karius® raised $100M (Series C) on May 2, 2024.
  • Insight Molecular Diagnostics Inc. raised $16M on April 11, 2024.
  • VolitionRx raised $100K (Pre-Seed) on March 12, 2024.
  • bioAffinity Technologies raised $2.6M (Seed) on March 6, 2024.

Who to call at Kryptos Biotechnologies, and when

A new round usually means Kryptos Biotechnologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Kryptos Biotechnologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

Kryptos Biotechnologies

Location

San Francisco, California, United States

About

Kryptos Biotechnologies, Inc. is a Life Science startup based in the Bay Area, California. Their technology, called photothermal heating, uses light to generate heat and control temperature for various types of molecular diagnostic devices and life science instruments. Their diagnostics systems enable clinicians to make the right treatment decisions.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Kryptos Biotechnologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.