Exheus increases capital to continue growing. The Spanish company specializing in RNA analysis has closed a financing round of €900,000, an amount that will help it to start its international expansion. The round was led by Decelera Ventures I FCR.
WA4Steam, NextGen Venture Partners, as well as other investors through the Capital Cell platform, have also participated in the round, investing €650,000. This investment is complemented by another 250,000 euros received from a line of financing provided by the Center for Technological and Industrial Development (Cdti), an entity that depends on the Ministry of Science and Innovation.
In addition to this funding, which totals €900,000, Exheus has also received a grant of €50,000 from EIT Health, a European organization that promotes innovation in health.
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Exheus has also received a grant of €50,000 from EIT Health
Exheus will use the resources obtained to initiate international expansion in Europe, create a commercial structure that will enable it to access the healthcare system in European countries, and work on the regularization of the legal requirements necessary for the company to operate on an international scale.
Exheus also plans to digitize the product following a B2B approach so that, with the development of a digital, automated and interactive platform, healthcare professionals can directly access the patient’s results and, with this, give an assessment of their RNA test.
Exheus was born in 2020 as a spin-off of the Genomics of Complex Diseases Research Group of the Hospital Sant Pau-IIB Sant Pau Research Institute, the Center for Research in Biomedical Engineering (Creb) of the Universitat Politècnica de Catalunya-BarcelonaTech (UPC), Summit and Mobile World Capital Barcelona’s innovation program, The Collider.
The company analyzes the expression of all the genes in the human body
The company analyzes the expression of all the genes in the human body present in the blood transcriptome to detect and correct anomalies that affect a person’s health. Thanks to this analysis, the expression levels of all the genes in the genome are monitored, making it possible for healthcare professionals to offer personalized recommendations and optimize the intervention for their patients.
Exheus tests are based on blood analysis. The tests are able to sequence mRNA, detect biomarkers and define in a more individualized way the functioning of the user’s organism.
Since its foundation, the Spanish company has raised more than €500,000 in funding and has participated in numerous acceleration programs such as Google For Startups, Decelera, or Kunsen VC.
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First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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