Allergy Amulet: Closes $4.1M in Seed Funding

  • Allergy Amulet, a Madison, Wis.-based food allergy sensor company, raised further funding which briught total seed funding to $4.1m
  • Backers included AllerFund and Lightship Capital
  • The company intends to use the funds to accelerate manufacturing, expand product offerings to cover more allergens, grow the team
  • Allergy Amulet has developed a consumer food allergen sensor, capable of testing foods for common allergenic ingredients in seconds
  • It can be used by individuals, as well as restaurant owners, schools, childcare providers, summer camps, and hotels
  • Allergy Amulet’s detection platform pairs molecularly imprinted polymer (MIP) technology with an electrochemical system to detect target allergenic ingredients
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...