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Cambrian Bioworks Bags Funding To Boost Its Automated Molecular Diagnostics Platforms

Inc42 · 1y ago

Cambrian Bioworks Bags Funding To Boost Its Automated Molecular Diagnostics Platforms

Cambrian Bioworks, a Bangalore-based startup, has secured $1.45 million in seed funding to enhance its automated molecular diagnostics platforms. Led by the Irani family office, the funding will enable the company to expand its global operations and improve its offerings in oncology, genomics, and disease testing. Cambrian Bioworks recently launched Manta, a nucleic acid extraction device, aiming to increase access to automated devices for liquid biopsy testing.

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Cambrian Bioworks raises $1.45 Mn in seed round

Entrackr

Entrackr · 1y ago

Cambrian Bioworks raises $1.45 Mn in seed round

Bengaluru-based biotechnology firm Cambrian Bioworks has secured $1.45 million in its seed round led by the Irani family office, which has invested in several private ventures across the globe. The round also saw participation from the company’s CEO and co-founder, Vaibhav Hegde. The proceeds will be used to ramp up development of Cambrian’s automated molecular diagnostics platforms, R&D efforts, expand the team, and support forays into international markets. Founded by Hegde, Rohit Asil, and Raghav Sridhar, Cambrian Bioworks develops automated molecular diagnostic platforms. Its products find applications in oncology, genomics, rare disease testing, and AMR detection. Recently, the firm launched Cambrian’s nucleic acid extraction platform, Manta which provides high-quality DNA/RNA for genomics and PCR testing in hospitals and laboratories. This is yet another example of a founder investing in his own startup. This trend started with the founders of Byju’s, OYO, and BluSmart, and has recently continued with investments from the founders of Yubi and Ather Energy.

Education startup Kreedo, Spandan maker Sunfox, three others raise early-stage funds

VCCircle

VCCircle · 1y ago

Education startup Kreedo, Spandan maker Sunfox, three others raise early-stage funds

Education startup Kreedo, healthtech startup Sunfox, femtech startup Laiqa, biotech company Cambrian Bioworks, and data-as-collateral platform ProFinTech Technologies have all announced early-stage funding. Kreedo, which offers solutions for early learning, has raised $4 million in a Series A round led by Heritas Capital. Sunfox has raised INR 15 crore ($1.8 million) to expand its ECG device business, while Laiqa Wellness has raised INR 15 crore to develop its feminine wellness platform. Cambrian Bioworks, a biotech company, has secured $1.45 million in seed funding, and ProFinTech Technologies has raised $1.4 million to expand its data-as-collateral platform.

Iom Bioworks Bags INR 4 Cr in Seed Round to Disrupt Gut Health Science

StartupTalky

StartupTalky · 3m ago

Iom Bioworks Bags INR 4 Cr in Seed Round to Disrupt Gut Health Science

Iom Bioworks, a Bengaluru-based startup, secured INR 4 crore in seed funding led by Inflection Point Ventures. Dedicated to advancing healthcare through gut microbiome science, the company uses AI and advanced modeling to offer personalized health solutions. The funds will boost marketing, IP rights, infrastructure, and team growth. Founded in 2022, Iom Bioworks has reached 500 users, secured patents, and aims to transform healthcare with its focus on microbiome-driven health and well-being.

MedGenome Acquires Stake In GenX Diagnostics To Strengthen Presence In East India

Inc42 · 1y ago

MedGenome Acquires Stake In GenX Diagnostics To Strengthen Presence In East India

MedGenome and GenX Diagnostics will collaborate to improve healthcare services by offering diagnostic and genomic solutions. GenX Diagnostics, founded in 2017, specializes in genetic and molecular testing and operates several diagnostic and collection centers in Odisha. MedGenome, which acquired Prognosis Laboratories last year, aims to expand its geographical reach through this partnership.

These six startups are using microfluidics to make diagnostics faster, cheaper, and portable

YourStory

YourStory · 24d ago

These six startups are using microfluidics to make diagnostics faster, cheaper, and portable

Indian startups are leveraging microfluidics technology to create faster, cheaper, and portable diagnostic solutions. This technology allows precise manipulation of tiny liquid volumes, enabling rapid, resource-efficient biochemical tests. Startups like Tvashtr Biotech, Technoculture Research, and ISMO Bio-Photonics are developing such technologies for healthcare, diagnostics, and environmental monitoring, offering devices for allergy testing, molecular diagnostics, and drug screening. These innovations provide broader access to advanced diagnostics, especially in resource-limited settings, revolutionizing point-of-care and real-time monitoring.

Qure Bags $65 Mn To Build AI-Based Products For Disease Detection

Inc42 · 11m ago

Qure Bags $65 Mn To Build AI-Based Products For Disease Detection

Qure.ai, a medical imaging diagnostic company, has raised funds to expand its operations in the US and other markets, improve its AI foundation models, and support acquisitions. The company, founded in 2016, utilizes artificial intelligence to aid in disease detection, specifically for brain trauma and chest diseases. The funding will further support the development of AI-based products in the field of medical imaging diagnostics.

Climate tech startup Resilience AI bags $1 Mn in seed round

Entrackr

Entrackr · 8m ago

Climate tech startup Resilience AI bags $1 Mn in seed round

Resilience AI, a climate risk and sustainability technology firm, has raised $1 million in its seed funding round led by Kalaari Capital's CXXO initiative, which invests in ventures led by women entrepreneurs. The round also saw participation from Java Capital. The proceeds will be used to drive the development of Resilience360, offering end-to-end climate risk management solutions for private and public enterprises. Additionally, the startup aims to co-develop solutions with its customers, expand market access, and drive research-based innovation. Founded by Samhita R, Resilience360 addresses the need for a proactive approach to climate resilience, enabling organizations to prepare for extreme climate events such as heatwaves, floods, cyclones, landslides, and earthquakes. By combining machine learning and deep climate analytics, the platform provides hyperlocal risk maps, automated climate risk diagnostics, and institutionalized climate action plans that integrate sustainability and climate risk standards. The platform's flagship product Resilience360 offers hyperlocal climate risk baseline and mapping; Plan, enabling the development of tailored risk controls; Action, focused on the implementation and reporting of climate measures; and Scale, which supports ongoing monitoring and the expansion of adaptation strategies.

Pintel.ai Bags Seed Funding To Help Companies Boost Sales With AI

Inc42 · 1y ago

Pintel.ai Bags Seed Funding To Help Companies Boost Sales With AI

AI sales development platform Pintel.ai has raised $1 million in seed funding to strengthen its product offerings and expand into the North American and Indian markets. The startup aims to improve sales productivity by 50% through automated prospect research and personalized outreach. The funding round was led by IvyCap Ventures, with participation from various investors including founders and executives from Whatfix, LambdaTest, Livspace, Moengage, Quizizz, GSF, Hevodata, and HROne.

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Inc42 · 1y ago

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Gnani.ai, an AI customer experience platform, has secured INR 25 Cr ($3 Mn) in funding from investor Info Edge. The startup plans to utilize the funds to enhance its operations and boost sales. Founded in 2017, Gnani.ai offers an automated virtual assistant called 'Automate365' that facilitates conversational automation.

Deeptech startup Algorithmic Biologics secures pre-Series A funding of $2.5M

VCCircle

VCCircle · 1y ago

Deeptech startup Algorithmic Biologics secures pre-Series A funding of $2.5M

Algorithmic Biologics, a deeptech startup, has raised $2.5 million in pre-Series A funding led by Bharat Innovation Fund. The funding will be used to support product pipeline, build sales team, and expand presence. Algorithmic Biologics leverages advanced algorithms and AI to enhance molecular testing efficiency and scale. Its Tapestry platform enables large-scale molecular testing with accuracy. The startup recently partnered with Dhiti Omics Technologies. Bharat Innovation Fund focuses on early-stage deep-tech investments and has a portfolio including CreditVidya, Zumutor, Entropik, and vPhrase Analytics.

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