Magnomics

Medical Devices & EquipmentSeedCantanhede, Portugalmagnomics.pt

Latest round

Seed

Last raised

Mar 2017

Total raised

$1.7M

Investors

3

About Magnomics

A.Founded in 2013 and headquartered in Cantanhede, Portugal, Magnomics specializes in biotechnology solutions.pt specializes in biotechnology solutions, focusing primarily on the development and provision of advanced molecular diagnostics tools. Their core product offerings include a suite of diagnostic assays aimed at enhancing disease detection and monitoring, particularly in oncology and infectious diseases. These tools leverage proprietary technology to analyze genetic and biomarker data, helping to facilitate early intervention and personalized treatment plans for patients.pt generates revenue through direct sales of diagnostic products and partnerships with healthcare providers. Their flagship diagnostic assays are offered under tiered pricing plans for individual practitioners and larger institutions. Transactions are structured as B2B sales, enabling clients to purchase products directly or through authorized distributors.25 mn to support the development of new diagnostic products aimed at expanding their current offerings. The company is targeting growth in new markets within Southern Europe and Asia by 2025, focusing on regions with high demand for advanced molecular diagnostics.

Who invested in Magnomics

3 investors across 3 rounds

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Funding rounds

  1. Seed

    Mar 21, 2017

    Amount

    $0.3M

    Investors

    Locked

  2. Seed

    Aug 19, 2015

    Amount

    $0.8M

    Investors

    Locked

  3. Seed

    May 26, 2014

    Amount

    $0.6M

    Investors

    Locked

Questions about Magnomics

Who invested in Magnomics?

Magnomics has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magnomics raised?

Magnomics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Magnomics last raise money?

Magnomics's most recent round on record is a Seed, in Mar 2017.

What does Magnomics do?

Magnomics is a medical devices & equipment company.

Where is Magnomics headquartered?

Magnomics is headquartered in Cantanhede, Portugal.

Which VCs invest in companies like Magnomics?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back medical devices & equipment companies at Magnomics's stage. Their profiles are linked below.

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