Last deal

$1M

Amount

Grant

Stage

09.01.2020

Date

2

all rounds

$1M

Total amount

General

About Company
Fusion Genomics develops sensitive DNA/RNA diagnostics for infectious diseases.

Industry

Sector :

Subsector :

founded date

01.07.2013

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's ONETest platform enables accurate and simultaneous detection and discrimination of hundreds of pathogens, capturing actionable genomic data at par with meta-genomic sequencing at a fraction of the cost. The platform offers high sensitivity and specificity, detail pathogen data including virulence and resistance markers, and targets a high number of organisms and variants. Fusion Genomics develops tests for both the surveillance/research and clinical markets, with its present tests having gained traction in the surveillance market in Canada and the EU. The company's disruptive DNA and RNA capture technology, part of a "benchtop to desktop solution" called the ONETest platform, enables the comprehensive identification of pathogens from virtually any source in eight to twelve hours, offering 10,000x the sensitivity, accuracy across 20% genetics distance, and at one-tenth the cost.
Contacts