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ClinSpec Diagnostics: Raises £2.4M Funding

September 8, 2020

ClinSpec Diagnostics, a Glasgow, Scotland-based early cancer detection company, raised £2.4m in funding
The round was led by Mercia’s EIS Funds with Scottish Investment Bank
The company intends to use the funds to progress its multi-cancer development program
They also plan to hire a further five employees to strengthen the scientific and operations teams, taking its total headcount to fourteen
The company established in 2016, they have conducted studies on brain, prostate and pancreatic cancers
The company remains open for a further £1 million to accelerate development, build value and prepare the groundwork for Series A funding