SpeeDx Raises $15M in Equity Investment

Aug 05, 2019

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NEW YORK – SpeeDx announced today it has raised a total of $15 million from a US investment group. The Sydney, Australia-based molecular diagnostics developer said it had raised up to $10 million in additional equity investment from US-based Northpond Ventures, following an original investment of $5 million in April 2019.

The funds will help expedite the firm's international expansion and leverage strategic relationships with global partners, CEO Colin Denver said in a statement.

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