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Vision Medicals Raises $29 Million to Support Genetic Testing for Infectious Diseases

publication date: Aug 12, 2020

Vision Medicals of Guangzhou raised $29 million in a Series B funding to support its genetic testing services for infectious diseases. The two-year old company completed a $14 million A round last year. Vision has two platforms: pathogen metagenomics (mNGS) diagnosis and CRISPR-Cas12/13 rapid diagnosis technology. In March, Vision's SARS-CoV-2 Clinical Sequencing assay, which uses next-generation sequencing, was approved for use in Europe. The investment was led by CDH Investments and included Cash Capital along with existing investors Volcanics Venture and Zhongjin Qichen. More details....

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