Speclipse Attracts $7.7M In Investments

Speclipse, a startup specializing in laser spectroscopic and AI-based medical diagnosis technologies and a member of Born2Global Centre, recently attracted USD 7.7 million in investments for an accumulated investment total of USD 13 million.

Signite Partners, BNH Investment, Shinhan Capital, and MiCo, who just secured the status of major shareholders earlier this year, were the main contributors to the latest Speclipse investment. MiCoBioMed, an affiliate of MiCo, also contributed funds to support Speclipse’s growth.

Speclipse, which began as a developer of cancer diagnosis devices, was founded in 2015 by a group of master and doctorate degree holders from Stanford University in the USA. The company’s first product, the Spectra-Scope, is a skin cancer diagnosis device that, in 2020, acquired overseas medical device certifications in Australia, Europe, and Brazil. The company is now building a sales network that spans over 20 countries worldwide.

Speclipse’s Spectra-Scope uses Laser-induced plasma spectroscopy (LIPS) technology to enable the real-time, non-invasive diagnosis of skin cancer. Since the device has 95% sensitivity and 87% specificity, it can reduce the performance of unnecessary biopsies while increasing patient comfort and convenience.

Speclipse is expanding the application of its laser spectroscopic technique and artificial intelligence technology originally used for tissue diagnostics to blood analysis. The company’s laser spectroscopic technology overcomes the limitations of existing blood analysis technologies in that it can simultaneously detect small variances in various blood biomarkers. Speclipse also uses Al and deep learning technologies to process and analyze large amounts of blood spectroscopic data, thereby enabling the early diagnosis of gastric cancer and Alzheimer’s disease. These technological developments are expected to change the paradigm of the liquid biopsy field in the near future.

000 said, “The Spectra-Scope targets a type of skin cancer that is highly prevalent among Caucasians. In the United States, the skin cancer biopsy market alone is estimated to be worth KRW 12 trillion. When doctors find a suspicious skin lesion, they tend to examine it with a dermascope and then decide whether to perform a biopsy. However, there are cases where the doctor because of his or her skill level makes the wrong decision on whether the lesion needs to be biopsied. Speclipse’s technology can be used to avoid these incorrect diagnoses.” He added, “Expanding Speclipse’s laser spectroscopic AI-based diagnostic technology from skin examination to blood analysis will be a game changer in the liquid biopsy market for many different types of cancers in addition to skin cancer, which was previously very difficult to diagnose in its early stages.”

SourceSpeclipse
Medical Device News Magazinehttps://infomeddnews.com
Medical Device News Magazine provides breaking medical device / biotechnology news. Our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

More News!

Noze states the grant will fund a groundbreaking clinical study aimed at detecting TB in high-burden countries, using the company's DiagNoze® — a handheld breathalyzer designed for the real-time detection and screening of various medical conditions, including infectious diseases such as TB.
Research teams led by a faculty member in Purdue University’s College of Engineering will use two grants from the National Eye Institute totaling $6.7 million to further develop specialized smart soft contact lenses that continuously monitor or treat chronic ocular diseases like glaucoma, corneal neovascularization and dry eye syndromes.
The series B funding round saw participation from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave and Zomato founder Deepinder Goyal. Ultrahuman will deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space notes Ultrahuman.
Bone Health Technologies Bone Health Technologies (BHT), a health technology innovator developing breakthrough non-invasive solutions for bone health, today announced the company has raised a...
Howard Robin, President and Chief Executive Officer of Nektar Therapeutics: "We are pleased to bring on TCGX as a new high-quality, long-term investor in Nektar as we advance rezpegaldesleukin through our Phase 2b studies in atopic dermatitis and alopecia areata. We are on track to report topline data from these studies in the first half of 2025, which will represent significant inflection points for Nektar. Today's financing further bolsters our financial position and extends the company's cash runway well into the third quarter of 2026."

By using this website you agree to accept Medical Device News Magazine Privacy Policy

Exit mobile version