🌍 Exciting News on World NTD Day! 🌍
Thrilled to announce that VenomAid Diagnostics has secured an extension of our seed round bringing it to a total of $1.8M for developing rapid snakebite diagnostics! 🐍🚀
Since the early days at DTU Bioengineering in 2018, our vision has been to reduce the global burden of snakebites, and today, on World NTD Day, we celebrate this milestone bringing us our vision one step closer to reality.
This funding, which is quite a feat, is equivalent to 10% (!!!) of the global R&D funding awarded to snakebite in 2022) and will propel us toward clinical pilots in Brazil and scale up of manufacturing of our rapid tests.
Snakebite envenoming claims over 100,000 lives annually and leaves many more with permanent sequelae, suffering from the socioeconomic consequences. Today, we're one step closer to transforming snakebite management with our affordable, easy-to-use diagnostic test.
Special thanks to our incredibly dedicated team: Cecilie Knudsen, Gina Ross, Pelle Degnegaard Knudsen, Selma Blom Belfakir, and Andreas Laustsen-Kiel, our fantastic board: Gert Fisker Tomczyk, Mads Laustsen, and Morten Munk, and our amazing investors for their relentless support and willingness to continue to FIGHT THE BITE.
➡ Press release in the comments
#VenomAid #SnakebiteDiagnostics #GlobalHealth #Innovation #MedTech
Export Manager
3moThanks Marketing team, great surprise! :-)