Signal active
Organization
Contact Information
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
Biotechnology, Health Care, Medical, Health Diagnostics
2009
101-250
Headquarters locations
Tirat Carmel, Hefa, Israel, Asia
Social
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.
Funding Rounds
8
1
0
$173.0M
Details
5
MeMed has raised a total of $173.0M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Late Stage Venture | 93.0M | ||
2013 | Early Stage Venture | |||
2015 | Late Stage Venture | |||
2011 | Early Stage Venture |
Investors
MeMed is funded by 32 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Caesarea Medical Electronics | - | FUNDING ROUND - Caesarea Medical Electronics | 93.0M |
S28 Capital | - | FUNDING ROUND - S28 Capital | undefined |
MeMed | - | FUNDING ROUND - MeMed | undefined |
Social Capital | - | FUNDING ROUND - Social Capital | undefined |
Recent Activity
Funding Round
Jan 10, 2022
MeMed raised $93000000 on 2022-01-10 in Series E
Funding Round
Nov 14, 2019
MeMed raised $2754964 on 2019-11-14 in Grant
Funding Round
Sep 21, 2018
MeMed raised $70000000 on 2018-09-21 in Series C
Funding Round
Feb 07, 2018
MeMed raised $4079159 on 2018-02-07 in Grant
Funding Round
Dec 01, 2015
MeMed raised $3119480 on 2015-12-01 in Grant