GRIP Molecular

GRIP Molecular

Developing a novel, patent-protected, chip-based electronic biosensor that will provide lab-grade diagnostic results in minutes using a mobile device at the point of need. Learn more
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DateInvestorsAmountRound
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$50.0k

Early VC

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Spinout
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$6.0m

Series A
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$9.0m

Debt
Total Funding$6.1m

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GRIP Molecular is a Minnesota-based startup that operates in the healthcare technology sector. The company has developed a unique biosensor that combines molecular biology and solid-state electronics to provide quick and accurate diagnostic information for multiple diseases. Unlike traditional diagnostic methods that rely on chemical assays, GRIP Molecular's technology uses graphene-enabled and dielectrophoresis enhanced solid-state electronics. This innovative approach overcomes the limitations of existing chemistry-based solutions, providing actionable medical diagnostic information when and where it's needed most, such as at home, eldercare facilities, or pharmacies.

The company's business model revolves around providing a user-friendly diagnostic tool that can detect multiple diseases from a single saliva sample. This not only saves time but also allows for rapid, fact-based therapy decisions without the need for a clinic visit. The technology is designed to be used by patients and their physicians, making it a valuable tool in the healthcare industry.

GRIP Molecular's revenue is likely generated through the sale of its proprietary biosensors and possibly through partnerships with healthcare providers or pharmacies. The company's mission is to deliver lab-grade diagnostic results at the point-of-need, positioning it as a potential game-changer in the healthcare diagnostics market.

Keywords: Healthcare Technology, Molecular Diagnostics, Biosensor, Solid-State Electronics, Point-of-Need, User-Friendly, Multiple Disease Detection, Rapid Diagnosis, Lab-Grade Results, Saliva Sample.

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