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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

At-Home Biosensing Platform Developer Gets $27M Investment

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SiPhox Health, an MIT spinout developing laboratory-grade home health testing using silicon photonics technology, has secured $27 million in financing — $10 million in seed financing and $17 million in a series A round.

According to SiPhox, the series A funding will enable team expansion as the company works to achieve FDA clearance for its SiPhox Home platform. The company said it plans for the solution to offer users a menu of proteins and hormone tests from a finger prick blood sample, and to deliver results in five minutes or less. SiPhox Health has launched a mail-in blood collection kit that measures 17 biomarkers for inflammation and metabolic, hormonal, and cardiovascular health.
SiPhox Health co-founders standing in the SiPhox Health biochip pilot line and lab space. CEO Diedrik Vermeulen (right) is holding a 12" silicon photonics wafer with SiPhox's sensor chips and CPO Michael Dubrovsky (left) is holding the SiPhox Home device. Courtesy of Business Wire.
SiPhox Health co-founders: CEO Diedrik Vermeulen (right) is holding a 12-in. silicon photonics wafer with SiPhox's sensor chips. Chief product officer Michael Dubrovsky is holding the SiPhox Home device. Courtesy of Business Wire.
SiPhox Health co-founder and chief product officer Michael Dubrovsky said that the company sees its technology eventually enabling a wearable device that measures proteins, hormones, and small molecules, continuously.

Intel Capital led the investment, and Intel Capital managing director Srini Ananth will join SiPhox Health’s board of directors.
Excelitas Technologies Corp. - X-Cite Vitae  MR 11/24

Published: July 2023
Glossary
nano
An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
integrated photonics
Integrated photonics is a field of study and technology that involves the integration of optical components, such as lasers, modulators, detectors, and waveguides, on a single chip or substrate. The goal of integrated photonics is to miniaturize and consolidate optical elements in a manner similar to the integration of electronic components on a microchip in traditional integrated circuits. Key aspects of integrated photonics include: Miniaturization: Integrated photonics aims to...
BiophotonicsIntelinvestmentfundingbiosensorswearableshome health caremedicalfluidicsfluidics testingnanomeasurementnanomedicinenanoDiedrik VermeulenSiPhoxBusinesssilicon photonicsintegrated photonicsBioScanIndustry News

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