An EPFL startup raises 20 million francs

Abionic, an EPFL spin-off, has just brought in 20 million francs in its third funding round. The company's rapid allergy test can now be used to detect sepsis as well. A clinical study will begin in April. Abionic, an EPFL spinoff, has raised 20 million francs in its third financing round. The company, which specializes in rapid allergy testing, brought in a total of 11.3 million francs in earlier funding rounds. It will use this latest cash injection to run a clinical study on diagnosing sepsis, a dangerous form of bacterial infection in humans. Abionic's biomedical diagnostic platform, based on microfluidics, delivers test results using a single drop of blood in a matter of minutes, while existing methods require several hours.