The company has its roots in Gothenburg and is headquartered in Stockholm, but will now establish its main operations in Link\u00f6ping to gain access to the expertise in sensors and electronic noses available at Link\u00f6ping University. The investment is a co-investment between private business angels and several public entities, with several team members also investing in this round. <\/p>\n
\u201cThe fact that team members choose to invest their own money is a strength; it shows they believe in the company and the technology,\u201d says Jonas Nilsson, Investment Manager at LiU Invest. \u201cAnd it\u2019s also a strength that our colleagues in Gothenburg, Stockholm, and Uppsala are investing alongside us, ALMI, and Stockholm\u2019s business angels.\u201d <\/p>\n
The idea originally came from Gy\u00f6rgy Horvath, Professor of Gynecological Oncology, who trained his dogs to sniff out ovarian cancer. Since then, the company has developed an electronic nose that, together with advanced algorithms, will be able to do the dog’s job by ‘sniffing’ blood samples. Initial clinical tests, after further development of the algorithms, have shown very good results. The next step is to improve the prototype and conduct larger clinical studies. <\/p>\n
The ultimate goal is to be able to screen for ovarian cancer in a simple and inexpensive way, and by detecting it early, save many lives. If ovarian cancer is detected early, the five-year survival rate is 90%, compared to only 4% if the cancer is detected in the final stage, which is unfortunately quite common. <\/p>\n","protected":false},"excerpt":{"rendered":"
The company has its roots in Gothenburg and is headquartered in Stockholm, but will now establish its main operations in Link\u00f6ping to gain access to the expertise in sensors and electronic noses available at Link\u00f6ping University. The investment is a co-investment between private business angels and several public entities, with several team members also investing […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[25,28],"tags":[],"class_list":["post-756","post","type-post","status-publish","format-standard","hentry","category-investment","category-new-investment"],"acf":[],"_links":{"self":[{"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/posts\/756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/comments?post=756"}],"version-history":[{"count":0,"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/posts\/756\/revisions"}],"wp:attachment":[{"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/media?parent=756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/categories?post=756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/liuinvest.se\/en\/wp-json\/wp\/v2\/tags?post=756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}