web analytics
York University Markham Centre Campus Will Feature Light-Filled Flexible Space For Students Vaughan Headquartered Cara Operations Limited Completes Acquisition of Pickle Barrel

Richmond Hill-Based Qvella Raises $25 Million Series B To Improve Molecular Diagnostics

Photo via UnsplashRichmond Hill-based Qvella has raised a $25 million CAD Series B. The molecular diagnostics company is developing technology that enables the rapid detection of infectious agents in a direct blood sample. When implemented in concert with Antibiotic Stewardship programs — now being adopted by most major medical centres — clinical decisions can be made in a more timely manner.

The funding round was co-led by Qvella’s existing investor syndicate, including RA Capital, Whitecap Venture Partners, Hatteras Ventures, and Sands Capital. bioMérieux, a company that delivers in vitro diagnoses, joined on as a strategic investor.

Photo via Unsplash

Full Article: www.betakit.com

LOCATIONS

The Regional Municipality of York
Economic Strategy Office
17250 Yonge Street
Newmarket, Ontario, Canada
L3Y 6Z1

York Link
15 Allstate Parkway – Suite 600
Markham Ontario, Canada
L3R 5B4

FOLLOW US
FONT SIZE
Zoom in Regular Zoom out