Osler Diagnostics Raises $85 Million in Series C Financing
Summary
Oxford, UK 7th November 2022: Osler Diagnostics (Osler), a medical diagnostic company aiming to transform global healthcare by providing lab-quality diagnostic testing to anyone, anywhere, at any time, today announced that it has raised $85 million in a Series C financing.The financing round included investment from a strategic investor, M&G Investments, and existing investors, including Oxford Science Enterprises, Braavos Investment Advisers, and Lansdowne Partners.This investment will support Osler in advancing its breakthrough Osler Origin product through regulatory activities, and towards market launch.The Osler Origin is a portable diagnostic capable of performing a wide range of testing, with high-performance, in a rapid, low-cost, and easy-to-use manner. It represents a step-change in portable diagnostics, going beyond existing solutions that are limited in test menu and performance, preventing their widespread adoption. As such, the Osler Origin can uniquely offer a wide portfolio of high-performance diagnostic tests, into all major healthcare settings, globally.