# Nutromics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nutromics-pty

- Industry: Medical Devices & Equipment
- Headquarters: Melbourne, Australia
- Website: www.nutromics.com
- Total disclosed funding: $0.6M
- Latest round: Seed (May 1, 2020)
- Investors on record: 2

## About

Nutromics Pty Ltd was founded in 2017 in Melbourne, Australia. The company focuses on the development of advanced diagnostic monitoring devices. Co-founded by Hitesh Mehta and Peter Vranes (CEO). In June 2023, Nutromics Pty Ltd raised USD 7 million in pre-series A funding from investors.

Nutromics specializes in the Lab-on-a-Patch®, a continuous diagnostic monitoring device that uses DNA-based sensors and microneedles for real-time biochemistry analytics. This device addresses healthcare challenges by enabling timely diagnostics and continuous monitoring, primarily targeting healthcare providers and clinics across North America, Europe, and Asia.

Nutromics operates a business model centered on partnerships and direct sales in the healthcare sector, with revenue generated from the sale of the Lab-on-a-Patch® to healthcare institutions. The company anticipates ongoing transactions with hospitals and clinics, potentially supported by subscription models for data analytics services.

## Funding rounds

- Seed, May 1, 2020, $0.6M — Artesian, CP Ventures
- Seed, Sep 24, 2019 — CP Ventures

## Investors

- CP Ventures (https://capitalatlas.ai/funds/cp-ventures) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed