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Today: October 1, 2024
August 13, 2024
1 min read

Amulet Secures $6 Million in Series A Funding


TLDR:

  • Amulet, a provider of portable sensor technology, raised $6M in Series A funding.
  • The funding will be used to scale the team, expand the detection portfolio, and execute a full product launch.

Article Summary:

Amulet, a company based in Madison, WI, has secured $6M in Series A funding. The funding round was led by HealthX Ventures, with participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and individual investors like Julie Bornstein and Diede van Lamoen. The funds will be used to scale the team, expand the detection portfolio, and execute a full product launch to address the large Amulet waitlist.

Founded by CEO Abigail Barnes, Amulet provides portable sensor technology for identifying allergens and environmental contaminants in food. The company offers products like the Allergy Amulet™, a wearable device that allows individuals to test for food allergens on the go, and Amulet Scientific™, a commercial platform for businesses in the food industry to detect a range of molecular targets.

This funding will enable Amulet to further develop its technology and reach more customers in the growing market for food safety and allergen detection. With the support of investors and the expertise of individuals like Julie Bornstein and Diede van Lamoen, Amulet is poised to make a significant impact in the industry.


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