Fuse Diagnostics, a developer of next-generation molecular diagnostics for point-of-need testing, has announced it has raised £1 million to accelerate commercialisation of its proprietary Flip product platform and expand manufacturing capabilities at its headquarters in Cambridge, UK.
The fundraise was led by The FSE Group and joined by existing angel investors alongside new angel investors, including Cambridge Capital Group. The investment will support Fuse’s ambition to make gold-standard molecular diagnostics, currently limited to use in specialist laboratories, accessible in environments where rapid testing is needed most.
Fuse is focused on delivering simple, rapid and highly accurate laboratory-quality molecular diagnostic tests for pathogens and contaminants, addressing demand for onsite testing in markets where speed, reliability and decentralised access are critical. The investment will accelerate growth of the Flip product portfolio across six strategic sectors: life sciences research, bioprocessing, food safety, water quality, veterinary diagnostics, and plant agriculture. Supporting the full commercialisation journey, the funding will enable Fuse to advance its assay development pipeline, including validation with strategic industry partners, scaling of manufacturing capabilities and expansion of commercial reach.
The Flip platform combines proprietary amplification technology with an innovative low-cost, disposable test design to enable rapid detection of pathogens and contaminants without specialist laboratory infrastructure. The instrument-free approach is designed to support a broad pipeline of molecular diagnostic tests that deliver laboratory quality performance while reducing the complexity, equipment requirements and delays associated with centralised, specialist testing.
“This funding marks an important step in commercialising our Flip product platform and validating new assays with strategic partners across sectors where rapid, decentralised testing can make a meaningful difference,” commented Dr Harry Lamble, CEO, Fuse Diagnostics. “Built on years of scientific and engineering development, Flip is designed to give researchers faster, simpler tools for detecting pathogens and contaminants, helping to prevent disease and protect products, biological processes and the environment.”