Tech Company Financing Transactions
Aptitude Medical Systems Funding Round
Aptitude Medical Systems, based in Goleta, raised $54 million from Biomedical Advanced Research and Development Authority.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$54,000,000
Round
Undisclosed
Proceeds Purpose
The funding supports the development of over-the-counter molecular diagnostics capable of delivering lab-quality results in 15-30 minutes while approaching the cost of antigen tests.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
125 Cremona Drive 100
Goleta, CA 93117
USA
Goleta, CA 93117
USA
Phone
Website
Email Address
Overview
Aptitude Medical Systems is a startup deep-tech healthcare company. Our mission is democratizing diagnostics by empowering individuals to access their health and diagnostic information anytime, anywhere. Aptitude created a simple, accurate, and easy-to-use diagnostic platform that fits in the palm of the hand and allows anyone to run a complex lab-quality PCR test in their own hands in minutes. Aptitude's lead product, Metrix� COVID-19 Test, is the first FDA-authorized molecular diagnostic test to work with saliva or swab samples for at-home and over-the-counter use without physician supervision, and we have a product pipeline that includes tests for a wide range of health and wellness conditions.
Management Team
Title
Name
Email & Social
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