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Hera Biotech Closes Oversubscribed $1.9 Million Seed Raise For Novel Diagnostic Test For Endometriosis

Aug 24, 2022about 3 years ago

Amount Raised

$1.9 Million

Round Type

seed

San AntonioBiotechnologyHealth Care

Description

San Antonio-based medical device start-up Hera Biotech has closed an oversubscribed $1.9 million seed financing round to support the company’s commercialization strategy for its category-defining non-surgical diagnostic test for endometriosis, MetriDxTM. The funds will be used to complete an in-patient human clinical study, expand Hera’s IP portfolio, and support a regulatory pathway with the US FDA.

Company Information

Company

Hera Biotech

Location

San Antonio, Texas, United States

About

Hera Biotech, Inc. was formed to apply advances in biotechnology to address unmet needs in the field of women’s health and reproductive medicine. Hera’s initial goal is to commercialize MetriDx™, a novel, non-surgical method for the definitive, early diagnosis and staging of endometriosis.

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