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Industries
Biotechnology
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$252.4M
Headquarters
Boston, Massachusetts
Founded
2014
Selux Diagnostics provides rapid, comprehensive antibiotic susceptibility testing (AST) to hospitals and healthcare providers. It helps identify which antibiotics will effectively treat a bacterial infection by testing against all commercially relevant antibiotics at once, enabling faster and more accurate prescription decisions. By delivering quicker results and updating interpretive breakpoints, Selux addresses antimicrobial resistance and preserves antibiotic effectiveness. The company differentiates itself through its ability to run broad-spectrum AST in a single assay, improving turnaround times and coverage compared with traditional AST methods. Its goal is to reduce inappropriate antibiotic use in hospitals, lower AMR risks, and save lives by ensuring patients receive the right antibiotic therapy sooner.
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Total Funding
$252.4M
Above
Industry Average
Funded Over
12 Rounds
Health Insurance
401(k) Company Match
Unlimited Paid Time Off
Parental Leave
Arlington, Va.-based Sands Capital has joined a $48 million funding round for Selux Diagnostics, a biotech startup promising personalized therapies.
This additional funding comes at the heels of Selux announcing their third FDA 510(k) clearance on their direct from Positive Blood Culture Separator, making them the only single-platform technology capable of delivering rapid AST results for both positive blood culture and isolated colonies.
SeLux Diagnostics has filed a notice of an exempt offering of securities to raise $45,000,000.00 in New Debt Financing. SeLux Diagnostics has filed a notice of an exempt offering of securities to raise $45,000,000.00 in New Debt Financing.According to filings with the U.S. Securities and Exchange Commission, SeLux Diagnostics is raising up to $45,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Steve Lufkin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About SeLux DiagnosticsSelux Diagnostics is developing a Next Generation Phenotyping (NGP) platform that promises to transform infectious disease patient treatment by dramatically increasing the speed and accuracy with which targeted, personalized antibiotic therapies can be prescribed. Earlier, better-informed treatment decisions will save lives, improve patient outcomes, decrease hospital lengths of stay and hospital acquired infections, and help combat the global antibiotic resistance epidemic. The CDC has cited bacterial resistance to antibiotics among the worlds deadliest and costliest health threats
SeLux Dx: The company raised $40 million of venture funding in the form of convertible debt from undisclosed investors on February 13, 2024.
Approval gives way to the most comprehensive single menu offered by an AST platform while delivering precise, rapid results in 5.5 hours from isolated colonies. . .
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Industries
Biotechnology
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$252.4M
Headquarters
Boston, Massachusetts
Founded
2014
Find jobs on Simplify and start your career today