Veterinary Diagnostics Company MI:RNA Raises $4 million Series A Funding
Dr Eve Hanks [photo credit: Kiasco Research]
MI:RNA, the veterinary diagnostics company using cutting-edge technology and science to transform animal health diagnosis, and which originally spun out of 抖阴直播, has secured $4 million in Series A funding.
Aiming to change the future of animal health treatments through improved, earlier diagnostics, the capital will be used to continue global growth plans and revolutionise animal health testing, improving diagnosis and wellness among the pet, agriculture and equine sectors. MI:RNA鈥檚 vision is to change the approach to disease diagnosis to improve animals鈥� outcomes. The merits of MI:RNA technology are scientifically reviewed and proven, winning numerous grants and awards.
Funds have been raised from eight investors across three continents, including new investors,
NovaQuest (Lead Investor), Kyoritsu Holdings (owner of a Japanese animal health company), VANE (Angel Syndicate), Animal Health Angels, and Companion Fund I, LLC (VC). Existing investors adding to the series A round are Gabriel, Equity Gap and Scottish Enterprise.
Eve Hanks, CEO and founder, said: 鈥淔ollowing on from our successful seed funding round from Gabriel Investments and Equity Gap, Series A is an important milestone in our global growth plans, as we seek to improve health outcomes for animals through earlier disease diagnosis using revolutionary biomarker technology and artificial intelligence. The geographical spread of this investment round reflects the global opportunity for MI:RNA to deploy our platform for better outcomes for pets.鈥� 聽聽聽聽
Brian Axe, Managing Director at NovaQuest Capital Management, said: 鈥淣ovaQuest is extremely excited to lead the Series A with an exceptional syndicate of investors. Eve has assembled an excellent team and strong partners to help bring this disruptive and innovative diagnostic to both Production and Companion Animals. Not only identifying disease, but understanding stage of disease and progression through cellular mechanisms is the amazing potential miRNAs hold. We believe this technology has tremendous potential.鈥澛�
Peter Glassman,聽DVM,聽Executive Committee Member &聽Co-founder at Veterinary Angel Network (VANE), said 鈥淥ur network of veterinarians, business owners, entrepreneurs, and industry experts are committed to supporting innovation in the animal health field. We invest in businesses聽that help pet owners, animals or veterinary teams and MI:RNA is an exciting investment opportunity at the cutting edge of science and technology. Our members were impressed聽by the MI:RNA team and聽by the market application opportunity for vet practices globally to detect and stage diseases earlier.鈥�
The investment will be used to continue to grow in partnership with key multinationals in animal health, with MI:RNA on the path to become a leading global tech company delivering impact for people, animals and planet.
Posted by 抖阴直播 on 03/07/2024
