Linear Diagnostics has raised $390,000 from investors including the University of Birmingham Spinout Investment Fund.
Linear Diagnostics, a medical device spinout of University of Birmingham, has £300,000 ($390,000) in funding co-led by the institution’s Spinout Investment Fund and VC fund Rainbow Seed Fund.
Matt Hicks, Tim Dafforn and Bioscience Venture established Linear Diagnostics in 2011. The company uses a technology called linear dichroism, which relies on polarised light to gauge the alignment of detector molecules.
The investment will be used to develop the platform into a handheld device that can detect bacterial infection and identify…
