Luas Diagnostics

Guildford, United Kingdom Founded: 2020 • Age: 6 yrs
Sensors and connected app are developed for diabetes management.
Annual revenue - Latest available
Total funding $949,082 4 rounds
Employees 3 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Luas Diagnostics

Luas Diagnostics is a company based in Guildford (United Kingdom) founded in 2020. Luas Diagnostics has raised $949.08 thousand across 4 funding rounds. The company has 3 employees as of June 30, 2022. Luas Diagnostics offers products and services including Strepelle, HIV Self-Test, Other Infectious Diseases Tests, and Cancer Tests. Luas Diagnostics operates in a competitive market with competitors including Dexcom, Livongo, Bigfoot Biomedical, Prenetics and Senseonics, among others.

  • Headquarter Guildford, United Kingdom
  • Employees 3 as on 30 Jun, 2022
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Luas Diagnostics Ltd
  • Date of Incorporation 08 Jun, 2020
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $949.08 K (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    3

    as on Jun 30, 2022

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Products & Services of Luas Diagnostics

Luas Diagnostics offers a comprehensive portfolio of products and services, including Strepelle, HIV Self-Test, Other Infectious Diseases Tests, and Cancer Tests.

Primary

Home-to-laboratory test for Group B Streptococcus in pregnancy.

Single-use self-test for detecting HIV-1 and HIV-2 antibodies.

Range of tests for various infectious diseases at home or professionally.

Tests for early detection of cancer to improve clinical outcomes.

People of Luas Diagnostics

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Brendan Farrell
Founder & Executive Chairman

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Funding Insights of Luas Diagnostics

Luas Diagnostics has successfully raised a total of $949.08K across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round

    (29 Sep 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Seed - Luas Diagnostics Valuation

investors

Apr, 2021 Amount Seed - Luas Diagnostics Valuation

investors

Jan, 2021 Amount Seed - Luas Diagnostics Valuation

investors

Investments & Acquisitions by Luas Diagnostics

Investments

Financial Statements - Luas Diagnostics

Luas Diagnostics Comparisons

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Competitors of Luas Diagnostics

Luas Diagnostics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dexcom, Livongo, Bigfoot Biomedical, Prenetics and Senseonics, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wearable glucose monitoring patches are provided for real-time data tracking.
domain founded_year HQ Location
Provider of smart devices for diabetes management for patients and doctors
domain founded_year HQ Location
Developer of a closed-loop automated insulin delivery system
domain founded_year HQ Location
Health risks are identified through online genetic and diagnostic testing.
domain founded_year HQ Location
Implantable continuous glucose monitoring systems are provided for diabetes management.
domain founded_year HQ Location
Provider of workforce healthcare solutions

Latest news on Luas Diagnostics

Frequently Asked Questions about Luas Diagnostics

Luas Diagnostics was founded in 2020.

Luas Diagnostics is headquartered in Guildford, United Kingdom.

Luas Diagnostics is a funded company, having raised a total of $949.08K across 4 funding rounds to date. The company's 1st funding round was a Seed of $416.77K, raised on Sep 29, 2020.

As of Jun 30, 2022, the latest employee count at Luas Diagnostics is 3.

Founded in 2020 and based in Guildford, United Kingdom, operations are focused on the health diagnostics sector. Sensors and a connected app are developed for diabetes management. A portable diagnostic device is utilized to detect enzyme-substrate complexes on electrodes in glucose monitors. Presence of drugs or metabolites in samples is identified at the electrode, with no drug sample required in the tested material.

Luas Diagnostics's top competitors include Dexcom, Senseonics and Bigfoot Biomedical.

Luas Diagnostics offers Strepelle, HIV Self-Test, Other Infectious Diseases Tests, and Cancer Tests.

The valuation of Luas Diagnostics is $3.01M as of Apr 2023.

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