Astek Diagnostics Pitch Deck
Astek Diagnostics, established in 2020, is a Baltimore-based biotech company and a spinout of the University of Maryland, Baltimore County. The company is focused on developing precision diagnostic technology. Its lead product is the Jiddu Analyzer, designed for rapid detection of urinary tract infections and to determine antibiotic sensitivities within one hour.
The company has successfully completed multiple funding rounds, including a $2 million early-stage venture capital round in 2023. This includes funding from Wexford SciTech Venture Fund, Iyana Capital, the Maryland Momentum Fund, and TEDCO. The company also closed a funding round at $850,000, which will be used toward applying for breakthrough designation with the FDA.
$2M • 2023 • Seed
About the Astek Diagnostics Pitch Deck
- Raised: $2M
- Year: 2023
- Stage: Seed
- Investors: VCs: Wexford SciTech Venture Fund (Lead), Iyana Capital, Maryland Technology Development Corp.
About Astek Diagnostics
Astek is a precision diagnostics company, advancing the Jiddu system for confirming bacterial infections and assessing antibiotic sensitivity.
- Industry: Healthcare
- Tags: Healthcare, Diagnostics, Hospital
- Business Model: B2B
- Customer Model: Hardware
- Website: astekdx.com
- Legal Name: Astek Diagnostics
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