MeMed

MeMed

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Overview

MeMed Diagnostics is a personalized diagnostics company founded in 2009.

They are here to improve patient care, empower physicians, and lower health-care costs through rapid and actionable diagnostics for infectious diseases. Their main focus is preventing antibiotics misuse.

Antibiotics are the most prescribed class of drugs worldwide with a global market of 25-30 billion $US. Up to 70% of antibiotics are estimated to be prescribed inappropriately, making them the most misused drug class in the world. Antibiotics misuse leads to ineffective treatment, emergence of resistant strains of bacteria, and is estimated to cost healthcare systems worldwide tens of billions of dollars annually. Their platform, the ImmunoDx™, leverages the world’s most accurate diagnostic system for differentiating bacteria from viruses, crafted by nature, the body’s immune system.

ImmunoDx™ combines proprietary biomarkers, algorithms, and clinical know-how to identify the source of infection (virus vs bacteria, bacterial spectrum), by decoding the immune system`s differential response to different pathogens. This unique approach enables ImmunoDx™ to address some of the major challenges facing currently available diagnostics for infectious diseases.

About

Industries

Biotechnology, Health Care, Medical, Health Diagnostics

Founded

2009

Employees

101-250

Headquarters locations

Tirat Carmel, Hefa, Israel, Asia

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Profile Resume

MeMed headquartered in Asia, operates in the Biotechnology, Health Care, Medical, Health Diagnostics sector. The company focuses on Biotechnology and has secured $22.1B in funding across 128 round(s). With a team of 101-250 employees, MeMed is actively contributing to advancements in Biotechnology. Their latest funding round, Series A - MeMed, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Eran Eden

Eran Eden

Co-founder and CEO

imagePlace Kfir Oved

Kfir Oved

Co-founder, CTO, Chairman

imagePlace Efrat Hartog-David

Efrat Hartog-David

Director of Regulatory Affairs and Quality Assurance

imagePlace Oren Zarchin

Oren Zarchin

VP R&D

imagePlace Hila Hershkovitz

Hila Hershkovitz

VP Global Human Resources

Funding Rounds

Funding rounds

8

Investors

1

Lead Investors

0

Total Funding Amount

$173.0M

Details

5

MeMed has raised a total of $173.0M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2022Late Stage Venture93.0M
2013Early Stage Venture
2015Late Stage Venture
2011Early Stage Venture

Investors

MeMed is funded by 32 investors.

Investor NameLead InvestorFunding RoundPartners
Caesarea Medical Electronics-FUNDING ROUND - Caesarea Medical Electronics93.0M
S28 Capital-FUNDING ROUND - S28 Capitalundefined
MeMed-FUNDING ROUND - MeMedundefined
Social Capital-FUNDING ROUND - Social Capitalundefined