Integrated Diagnostics Spinoff Gets $1.5 Million, Aims to Beat Antibodies in Diagnostics
9/23/2013 7:25:48 AM
Seattle-based InDi, aka Integrated Diagnostics, is planning to graduate from startup mode this year and start selling its first product, a diagnostic test that spots lung cancer in a tiny sample of blood. But before it does that, it has decided to spin out some of its key intellectual property into a new startup called InDi Molecular. The spinoff has secured a $1.5 million seed investment from InterWest Partners—one of the parent company’s venture backers from five years ago—as well as several angel investors.
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