# Visby Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/visby-medical

- Industry: Medical Devices & Equipment
- Headquarters: San Jose, US
- Website: www.visbymedical.com
- Total disclosed funding: $435M
- Latest round: Series E (Jun 29, 2022)
- Investors on record: 11

## About

Based in the US and founded in 2012, Visby Medical, Inc. is a diagnostics company that develops diagnostic tests for the detection of infectious diseases. In December 2012, Adam de la Zerda incorporates Click Diagnostics. Soon after, Greg Loney joins as a founding executive and the VP of engineering. In 2017, it develops its first fully-integrated device, small enough to fit in the palm of your hand, the PCR test delivers rapid and accurate results. In March 2020, Click Diagnostics officially becomes Visby Medical. In July 2020, Visby Medical has a functional COVID-19 test and receives its first authorization from the FDA in September 2020. In January 2025, Visby Medical, Inc. received USD 3.9 million in grant funding from returning investor CARB-X.

Visby Medical, Inc. develops diagnostic instruments and specializes in the development of single-use handheld testing kits, providing patients with solutions that deliver fast and accurate results and detect infectious diseases.

The company will utilize the January 2025 funding to tackle antibiotic resistance as quickly as possible.

## Funding rounds

- Series E, Jun 29, 2022, $26M — Pitango, Artiman Ventures, Lightrock, Cedars-Sinai Health System Defined Benefit Retirement Plan, Blue Water Life Science Advisors, J-Ventures, NDCapital
- Series E, Feb 14, 2022, $109M — Pitango, Healthcare of Ontario Pension Plan, Artiman Ventures, Cedars-Sinai Health System Defined Benefit Retirement Plan, Ping An Global Voyager Fund, Blue Water Life Science Advisors, NDCapital, Nissim Capital
- Series D, May 1, 2020, $199M — Pitango, Cedars-Sinai Health System Defined Benefit Retirement Plan, Valo Ventures, J-Ventures
- Series C, Apr 5, 2019, $101M — Artiman Ventures, Valo Ventures

## Investors

- Artiman Ventures (https://capitalatlas.ai/funds/artiman-ventures) — Series C, Series E
- Valo Ventures (https://capitalatlas.ai/funds/valo-ventures) — Series C, Series D
- Pitango (https://capitalatlas.ai/funds/pitango) — Series D, Series E
- Cedars-Sinai Health System Defined Benefit Retirement Plan — Series D, Series E
- J-Ventures (https://capitalatlas.ai/funds/j-ventures) — Series D, Series E
- Healthcare of Ontario Pension Plan — Series E
- Ping An Global Voyager Fund (https://capitalatlas.ai/funds/ping-an-global-voyager-fund) — Series E
- Blue Water Life Science Advisors (https://capitalatlas.ai/funds/blue-water-life-science-advisors) — Series E
- NDCapital (https://capitalatlas.ai/funds/ndcapital) — Series E
- Nissim Capital — Series E
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series E