Noscendo

BiotechnologySeries ADuisburg, Germanynoscendo.com

Latest round

Series A

Last raised

Apr 2020

Total raised

Undisclosed

Investors

5

About Noscendo

Founded in 2018 in Duisburg, Germany, Noscendo GmbH focuses on delivering advanced diagnostic solutions. The company was established by Peter Haug, who has a history in the biotech sector.Noscendo GmbH primarily offers its flagship product, the DISQVER® platform, designed for digital pathogen diagnostics. This system enables the detection of over 16,000 microbes, including 1,500 recognized pathogens such as bacteria, viruses, fungi, and parasites, from a single patient sample within approximately 24 hours. Utilizing next-generation sequencing (NGS), DISQVER® analyzes cell-free DNA from the patient's blood, applying proprietary bioinformatics algorithms against a clinical-grade genome reference database.Noscendo GmbH generates revenue primarily through its DISQVER® diagnostic services offered to healthcare institutions. Hospitals and clinics pay for the diagnostic tests conducted by the platform, with results provided within hours to aid timely treatment decisions. The transaction model is B2B, typically involving agreements with hospital systems or healthcare providers.Moving forward, Noscendo GmbH aims to enhance its product offerings and extend its market reach. The company is currently working on new diagnostic solutions, although specific products and release timelines have not been publicly detailed. Furthermore, Noscendo is strategizing an expansion into new geographic regions, with a focus on increasing its presence in international markets.

Who invested in Noscendo

5 investors across 1 round

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Funding rounds

  1. Series A

    Apr 23, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Noscendo

Who invested in Noscendo?

Noscendo has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Noscendo raised?

Noscendo has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Noscendo last raise money?

Noscendo's most recent round on record is a Series A, in Apr 2020.

What does Noscendo do?

Founded in 2018 in Duisburg, Germany, Noscendo GmbH focuses on delivering advanced diagnostic solutions.

Where is Noscendo headquartered?

Noscendo is headquartered in Duisburg, Germany.

Which VCs invest in companies like Noscendo?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at Noscendo's stage. Their profiles are linked below.

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