Lumos Diagnostics secures A$5 million loan facility from Tenmile Ventures and Ryder Capital to support its CLIA waiver process for FebriDx®.
Amount Raised
A$5 Million
Round Type
Seed
Investors
Description
Lumos Diagnostics has signed a binding term sheet for a A$5.0 million secured loan facility with Tenmile Ventures and Ryder Capital. The loan will provide crucial working capital as it progresses toward obtaining a CLIA waiver from the FDA for FebriDx®. This funding aims to maintain momentum towards commercialization while limiting equity dilution. Drawdown is contingent on conditions including a definitive loan agreement.
Quick answer
Lumos Diagnostics raised A$5 Million in a Seed round, dated July 17, 2025. Investors: Ryder Capital Management Pty Ltd and Tenmile Ventures Pty Ltd.
- How much did Lumos Diagnostics raise?
- Lumos Diagnostics raised A$5 Million in a Seed round on July 17, 2025.
- Who invested in Lumos Diagnostics?
- Ryder Capital Management Pty Ltd and Tenmile Ventures Pty Ltd are named as investors in this round.
- What does Lumos Diagnostics do?
- Lumos Diagnostics is a medical technology company that specializes in rapid diagnostic testing solutions.
- Where is Lumos Diagnostics based and how big is it?
- Fundz records about 56 employees.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Lumos Diagnostics that raised within 45 days of this round, from Fundz verified event records.
- Method AI raised $20M (Series A) on August 21, 2025.
- Neurovalens raised $8.1M (Funding Round) on August 22, 2025.
- RIVANNA raised $800K (Grant) on August 15, 2025.
- Conformal Medical raised $32M (Series D) on August 12, 2025.
- Conformal Medical raised $32M on July 31, 2025.
- Moberg Analytics raised an undisclosed amount (Seed) on July 29, 2025.
Who to call at Lumos Diagnostics, and when
A new round usually means Lumos Diagnostics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lumos Diagnostics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lumos Diagnostics, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Lumos Diagnostics. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Lumos Diagnostics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Lumos Diagnostics 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.
5 screens from a live account. No signup.