SeLux Diagnostics

Cambridge, United States Founded: 2014 • Age: 12 yrs
Developer of alternatives to traditional ELISA assays

About SeLux Diagnostics

SeLux Diagnostics is a company based in Cambridge (United States) founded in 2014. SeLux Diagnostics has raised $161.01 million across 11 funding rounds from investors including NIH, HHS and RA Capital. SeLux Diagnostics offers products and services including Selux NGP System, Selux Analyzer, and Selux Panels. SeLux Diagnostics operates in a competitive market with competitors including Cepheid, Day Zero Diagnostics, Specific Technologies, SpinDiag and InSilixa, among others.

Operational Areas
Key Metrics
  • Total Equity Funding
    $161.01M (USD)

    in 11 rounds

  • Latest Funding Round
    $48M (USD), Series C

    Feb 2024

  • Investors
    NIH

    & 6 more

Products & Services of SeLux Diagnostics

SeLux Diagnostics offers a comprehensive portfolio of products and services, including Selux NGP System, Selux Analyzer, and Selux Panels.

Selux NGP System
Diagnostic Platform

Provides rapid antibiotic susceptibility testing for infectious diseases.

Selux Analyzer
Analyzer Device

Offers precise cell health analysis for fast AST results.

Selux Panels
Testing Panels

Facilitates comprehensive menu for antimicrobial resistance testing.

Funding Insights of SeLux Diagnostics

SeLux Diagnostics has successfully raised a total of $161.01M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $48 million completed in February 2024. 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 $161.01M
  • Total Rounds 11
  • Last Round Series C β€” $48M
  • First Round $216,546

    (Apr 2016)

  • Investors Count 7

Latest 10 of 11 funding rounds of SeLux Diagnostics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$48MSeries C–RA Capital Management
Feb 2022$50MSeries C–RA Capital Management
Oct 2021$2.8MGrant––
Jun 2021$2.5MSeries B––
–
Oct 2020$813,907Series B––
–
Sep 2019$11.2MSeries B––
–
Dec 2018$25MSeries B–Sands Capital Ventures
Mar 2018$23.5MSeries B––
–
Mar 2018$1.76MGrant––
Jan 2018$3.09MGrant––
Valuation history

7 investors in total: 7 institutional.

Investors in SeLux Diagnostics

SeLux Diagnostics has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, HHS and RA Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in life sciences & tech sectors
–npv.vcCambridge, United States
Active, long-term growth equity investments are provided globally.
–sandscapital.comArlington, United States
Private equity investments are directed across multiple sectors.
–schoonercapital.comBoston, United States
Growth stage tech & life sciences focused VC Firm investing in Asia and the US
–sandscapitalventures.comArlington, United States
RA Capital is engaged in evidence-based investing in healthcare and life sciences.
2004racap.comBoston, United States
Drug discovery services are provided to the biopharma sector.
1887nih.govUnited States
Public health and human services are overseen by HHS.
1953hhs.gov-
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Investor details for SeLux Diagnostics

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of SeLux Diagnostics

6 people are tracked at SeLux Diagnostics (6 in leadership).

NameRoleGroup
Adam Steel
Chief Implementation OfficerLeadership
Steve Lufkin
CEOLeadership
Michele Healy
Chief Financial OfficerLeadership
Jack Percoskie
CFOLeadership
Kassi Cox Whale, MBA
Director Of MarketingLeadership
Jingzi Sherman
VP, Medical and Scientific AffairsLeadership
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Complete people profiles for SeLux Diagnostics

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of SeLux Diagnostics

3 dated milestones of SeLux Diagnostics across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded SeLux Diagnostics is founded.
  2. Funding First funding round of $217K.
  3. Funding Latest funding round, Series C, of $48.0M.

Competitors of SeLux Diagnostics

SeLux 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 Cepheid, Day Zero Diagnostics, Specific Technologies, SpinDiag and InSilixa, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cepheid.com1996Sunnyvale, United States$19.1M1,299
Developer of molecular diagnostic testing solutions
dayzerodiagnostics.com2016Boston, United States$48.6M48
Genome sequencing diagnostics for infectious diseases are developed.
specificdx.com2009San Francisco, United States$30M–
Detection and antibiotic susceptibility testing for blood infections are provided.
spindiag.de2016–$27.69M–
Point-of-care systems for screening drug-resistant pathogens are developed.
insilixa.com2012Sunnyvale, United States$13M40
Develops innovative point-of-care diagnostics using semiconductor-based CMOS biochip technology.
microbedx.com2015Los Angeles, United States$6.21M–
Provider of the solutions for the detection of antibiotic susceptibility in urinary tract infections
omixlabs.com2014Bengaluru, India$138,0951
DNA testing platforms for pathogen diagnosis outside labs are developed.
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Detailed competitors of SeLux Diagnostics

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SeLux Diagnostics

The website of SeLux Diagnostics (seluxdx.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 16.5% vs previous month

Latest news on Selux Diagnostics

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Complete news archive for SeLux Diagnostics

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to SeLux Diagnostics

10 companies that operate in the same segment as SeLux Diagnostics (Infectious Diseases), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
Therapeutics for drug-resistant bacterial infections are developed.
2013Cambridge, Massachusetts, United StatesUSD 114.7 MUSD 59.62 M32
Clinical diagnostics and drug discovery for immune diseases are provided.
2009Seattle, Washington, United StatesUSD 419.15 MUSD 276.98 M619
Vaccines for infectious diseases are developed using cell-free protein synthesis.
2013Foster City, California, United StatesUSD 347 M–414
Portable PCR diagnostics for infectious diseases are developed.
2010San Jose, California, United StatesUSD 386.33 M––
Developing glucan synthase inhibitors for the treatment of fungal infections.
1999Jersey City, New Jersey, United StatesUSD 62.65 MUSD 20.6 M28
Sherlock Biosciences is focused on molecular diagnostics development.
2019Watertown, United StatesUSD 111 M–33
Provider of diagnostic solutions for systemic infections
2016San Francisco, California, United StatesUSD 191.47 M–54
Developer of novel protein-based therapeutics using machine learning and biological engineering
2018Somerville, Massachusetts, United StatesUSD 693 M––
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Frequently Asked Questions about SeLux Diagnostics

SeLux Diagnostics was founded in 2014 and raised its 1st funding round 2 years after it was founded.

SeLux Diagnostics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

SeLux Diagnostics is a funded company, having raised a total of $161.01M across 11 funding rounds to date. The company's 1st funding round was a Grant of $3.09M, raised on Apr 2016.

Developer of alternatives to traditional ELISA assays. The company claims that its novel assay replaces the use of enzymes with an alternative that makes it more sensitive and faster than traditional ELISAs. Applications include point-of-care assays that have sensitivity similar to clinical laboratories.

SeLux Diagnostics's top competitors include Cepheid, Day Zero Diagnostics and Specific Technologies.

SeLux Diagnostics offers Selux NGP System, Selux Analyzer, and Selux Panels.

SeLux Diagnostics has 7 investors. Key investors include NIH, HHS, RA Capital, Northpond Ventures, and Sands Capital.

SeLux Diagnostics operates through Selux Diagnostics, Inc..

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