Fundz

Sqi Diagnostics Secures Up To $2 Million In Feddev Ontario Funding

PRIVATENov 10, 2022

Amount Raised

$2 Million

Round Type

Seed

TorontoBiotechnologyHealth Care

Description

SQI Diagnostics Inc. ("SQI" or the "Company") (TSX-V: SQD) (OTCQB: SQIDF), a leader in the science of lung health that develops and manufactures respiratory health and precision medicine tests, today announced that it has entered into a funding agreement (the "Contribution Agreement") with the Federal Economic Development Agency for Southern Ontario ("FedDev Ontario") to support the Company's manufacturing scale-up and commercialization of its pipeline of products in development, including the Company's recently approved RALI-DX IL-6 test.

Quick answer

SQI Diagnostics raised $2 Million in a Seed round, dated November 10, 2022. SQI Diagnostics is based in Toronto, Ontario, Canada.

How much did SQI Diagnostics raise?
SQI Diagnostics raised $2 Million in a Seed round on November 10, 2022.
What does SQI Diagnostics do?
SQI Diagnostics, Inc. (TSX-V: SQD; OTCQB: SQIDF) is a precision medicine company that discovers, develops, and commercializes innovative rapid diagnostic testing for healthcare providers, patients, and consumers..
Where is SQI Diagnostics based and how big is it?
SQI Diagnostics is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

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

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

  • LIPOGEMS raised $13M (Funding Round) on December 23, 2022.
  • AvoMD raised $8.1M on December 23, 2022.
  • GenSight Biologics raised $13M (Convertible Note) on December 23, 2022.
  • PVmed raised $14M (Series A) on December 23, 2022.
  • Ensoma raised $79M on December 23, 2022.
  • Aspen Neuroscience raised $40M (Debt Financing) on December 22, 2022.

Who to call at SQI Diagnostics, and when

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Company Information

Company

SQI Diagnostics

Location

Toronto, Ontario, Canada

About

SQI Diagnostics, Inc. (TSX-V: SQD; OTCQB: SQIDF) is a precision medicine company that discovers, develops, and commercializes innovative rapid diagnostic testing for healthcare providers, patients, and consumers worldwide. The Company’s proprietary advanced diagnostics target organ transplant, autoimmune disease and COVID-19 testing which include the developmental direct-to-consumer COVID-19 HOME Antibody Test, the RALI-dx™ COVID-19 Severity Triage Test and the COVID-19 RALI-fast™ Severity Triage Point-of-Care (POC) Test.

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SQI Diagnostics 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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