Osler Diagnostics raised $85 million in Series C

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©  Osler Diagnostics

The Oxford startup Osler Diagnostics was founded by Connor Campbell in 2017. It’s not related to Silicon Valley company Theranos, which Elizabeth Holmes co-founded before she was convicted of fraud.

A medical diagnostic company plans to release their first blood testing device. They received $85 million in Series C funding from a strategic investor, M&G Investments, and existing investors including Lansdowne Partners, Braavos Investment Advisers, and Oxford Science Enterprises. Additionally, these investors backed Oxford Quantum Circuits and Oxford Science Enterprises.

Osler’s Origin product needs to jump through regulatory hoops before it can be marketed. This funding will help them achieve that goal.

Osler Diagnostics Co-Founder and CEO Connor Campbell said that their Origin platform has the potential to change healthcare by making information accessible to anyone anywhere. Osler’s new investment in funding advances toward a market release and realizing their vision.

Portable Diagnostic Lab

Osler Origin is a compact handheld device with an Apple-like interface that performs a wide range of diagnostic tests in a fast, low-cost, and easy manner. It provides a portfolio of high-performance tests for all major healthcare settings around the world.

This portable lab requires linking a patient, cartridge ID, and user ID together through a touchscreen or RFID reader. This process enables the creation of a diagnosis. When a new patient enters the system, information about them is pulled from the local IT system. This guard against data matching errors by automatically reading the test cartridge ID when it’s inserted.

Anyone can utilize this without any experience or instruction. Anyone can start it with a single click and then leave its use until later. Once started, the results can be reviewed from anywhere.

Blood Testing Startup From The UK

Connor Campbell, 27, co-founded the diagnostics startup Osler in Oxford. Osler is headquartered there and was created with help from Jason Davis, a chemistry professor at the university. Davis created the company’s portable electrochemical blood glucose sensor.

The company’s staff includes over 100 employees whose professions vary greatly— including engineering, manufacturing and scientific experts, as well as diagnostic industry veterans.


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