Torus Biosystems Announces $25 Million Series A Financing To Advance Infectious Disease Diagnostics Across Healthcare Settings
Torus Biosystems Announces $25 Million Series A Financing To Advance Infectious Disease Diagnostics Across Healthcare Settings
05/26/21, 10:06 AM
Location
cambridgeMoney raised
$25 million
Round Type
series a
Torus Biosystems, a company pioneering the future of infectious disease diagnostics, today announced the completion of a $25 million Series A financing. The round was led by Northpond Ventures, with participation from prior investors including David Walt, PhD, a professor at Harvard Medical School and Torus Bio cofounder and board observer. Adam Wieschhaus, PhD, CFA, director at Northpond Ventures, will also join the Torus board. Funding proceeds will be used to accelerate commercialization of a first-in-class syndromic testing solution designed for point-of-care use in ambulatory care settings.
Company Info
Location
cambridge, maryland, united states
Additional Info
Torus Biosystems, a spinout from the Harvard Wyss Institute for Biologically Inspired Engineering, is on a mission to transform patient lives by delivering breakthrough innovations in infectious disease diagnostics. The Company is currently developing syndromic testing solutions based on the integration of novel technologies, including qPCR and microarray technologies, that enable rapid, quantitative, and highly multiplexed detection of microbial pathogens, resistance genes and host immune-response markers that ultimately lead to improved patient outcomes. Learn more about how Torus Bio can help clinicians deliver better patient care, combat antibiotic resistance, and promote antimicrobial stewardship by visiting the website at www.torus.bio and connecting on social media @Twitter and @LinkedIn.