Owlstone Medical secures $6.5 million grant from the Bill & Melinda Gates Foundation for breath-based diagnostics and disease detection
Amount Raised
$6.5 Million
Round Type
Grant
Investors
Description
Owlstone Medical has secured a $6.5 million grant from the Bill & Melinda Gates Foundation, which includes a $5 million equity investment and $1.5 million in grant funding. The funding will be used to advance Owlstone’s Breath Biopsy platform, develop breath-based diagnostics, and identify breath biomarkers for tuberculosis (TB) and HIV.
Quick answer
Owlstone Medical raised $6.5 Million in a Grant round, dated April 25, 2024. Investors: Bill & Melinda Gates Foundation.
- How much did Owlstone Medical raise?
- Owlstone Medical raised $6.5 Million in a Grant round on April 25, 2024.
- Who invested in Owlstone Medical?
- Bill & Melinda Gates Foundation is named as investors in this round.
- What does Owlstone Medical do?
- Owlstone Medical is on a mission is to save 100,000 lives and $1.5bn in healthcare costs.
- Who are the decision-makers at Owlstone Medical?
- Fundz holds 1 contact at Owlstone Medical. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Owlstone Medical that raised within 45 days of this round, from Fundz verified event records.
- Advanced Medicine Partners raised $32M (Debt Financing) on June 6, 2024.
- Eko Health raised $41M (Series D) on June 5, 2024.
- Nucleus RadioPharma raised an undisclosed amount (Series A) on June 5, 2024.
- Novocuff raised $6.8M on June 4, 2024.
- SciTech Development raised $3.2M (Seed) on June 4, 2024.
- BIOPHTA raised $7.1M (Seed) on June 3, 2024.
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