Tech Company Financing Transactions
Owlstone Medical Funding Round
On 4/25/2024, Owlstone Medical raised $6.5 million in financing from Bill & Melinda Gates Foundation.
Transaction Overview
Company Name
Announced On
4/25/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$6,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The $1.5M in grant funding to support the identification of breath biomarkers will be used across two projects: tuberculosis (TB): In partnership with the University of Cape Town, South Africa, Owlstone aims to identify a panel of on-breath candidate VOC biomarkers that differentiate TB subjects from healthy controls and to develop breath diagnostic approaches based on exploiting the metabolic features of TB using in vitro approaches. HIV: Working with investigators from Imperial College, UK, and Oxford University, UK, Owlstone will analyze VOCs from blood samples from subjects with HIV and will work to identify a panel of on-breath candidate VOC biomarkers that correlate with HIV viral load.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
183 Cambridge Science Park Milton Road
Cambridge, CB4 0GJ
UK
Cambridge, CB4 0GJ
UK
Phone
Website
Email Address
Not Recorded
Overview
Owlstone Medical is developing a breathalyzer for disease for the early detection of cancer, inflammatory and infectious disease. Our mission is to save 100,000 lives and $1.5B in healthcare costs.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Billy Boyle
Chief Financial Officer
Pam Lauder
VP - Bus. Development
Elizabeth Crone
VP - General Counsel
Veronika Koenig-Roach
VP - Product Management
Martin Nash
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