SphingoTec GmbH raised €5M in Series C funding for global expansion and commercialization of critical care biomarkers.

Diagnostics company SphingoTec GmbH raised €5M in Series C funding led by Think.Health Ventures to accelerate global expansion, particularly in the US market, and drive commercialization of innovative biomarkers for critical care. The company develops and markets blood-based protein biomarkers like penKid (kidney function) and bio-ADM (endothelial function) for in vitro diagnostics. The funding aims to improve patient management and outcomes.

August 08, 2024
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