Healthtech startup SigTuple raised $4.3Mn funds led by its existing investors Endiya Partners & Accel

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Healthtech startup SigTuple raised $4.3 million in fresh led by its existing investors Endiya Partners and Accel. The funds will be used to expand the startup’s geographical footprint and product portfolio.

SigTuple is working to create a product that addresses and automates all forms of microscopy used in clinical laboratories. The company also intends to enter the point-of-care market using microfluidic technology and imaging to speed up the processing of critical tests. Partnerships and product launches are planned as part of its expansion plans in key markets such as the SEA, MENA, Europe, and North America. India’s medical diagnostics market, currently pegged at $11 billion, is growing at a rate of 16% year-over-year. As per a report, the country’s healthtech market is expected to touch $21 billion by 2025.

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Healthtech startup SigTuple raised $4.3Mn funds led by its existing investors Endiya Partners & Accel

Healthtech startup SigTuple raised $4.3 million in fresh led by its existing investors Endiya Partners and Accel. The funds will be used to expand the startup’s geographical footprint and product portfolio.

SigTuple is working to create a product that addresses and automates all forms of microscopy used in clinical laboratories. The company also intends to enter the point-of-care market using microfluidic technology and imaging to speed up the processing of critical tests. Partnerships and product launches are planned as part of its expansion plans in key markets such as the SEA, MENA, Europe, and North America. India’s medical diagnostics market, currently pegged at $11 billion, is growing at a rate of 16% year-over-year. As per a report, the country’s healthtech market is expected to touch $21 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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