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QuantuMDx

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Rapid, portable multiplex PCR diagnostic solutions

Newcastle upon Tyne, United KingdomFounded 2008Biotech & Life Sciences
Valuation $100–250M Last recorded · 2021
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for QuantuMDx and the history behind them.

About QuantuMDx

QuantuMDx Group is a medical technology company founded in 2008 by Jonathan O'Halloran, Elaine Warburton, and Julian Warburton. The company is headquartered in Newcastle upon Tyne, UK, with additional operations in the United States, Asia, and Africa. The founding vision, inspired by experiences with frontline health workers in South Africa, was to address the need for more accessible, affordable, and reliable medical diagnostics.

The company's core product is the Q-POC™, a handheld, portable PCR system that compresses a molecular diagnostic laboratory into a single device. Designed for point-of-care use in settings like hospitals, clinics, and pharmacies, the battery-operated device delivers sample-to-answer results in approximately 30 minutes. This rapid turnaround enables healthcare professionals to test, diagnose, and decide on treatment in a single consultation. The system uses single-use, sealed cassettes for different tests, which are designed for safety and to eliminate contamination risk. The reagents are lyophilised (freeze-dried), allowing for room-temperature storage and longer shelf life.

QuantuMDx's business model revolves around the sale of its Q-POC™ analysis device and the accompanying disposable testing cassettes. The company's first commercial assay was for SARS-CoV-2, and it has since expanded its test menu to include a multiplex panel for SARS-CoV-2, Flu A/B, and RSV. It plans to continue developing a range of syndromic multiplex assays for various infectious diseases, including tuberculosis and hospital-acquired infections. The company serves healthcare professionals, clinical setting managers, laboratory professionals, and testing providers. A key feature of the platform is its connectivity via 3G, 4G, and Wi-Fi, which enables geotagged pathogen data to be sent to the cloud for real-time disease surveillance and mapping.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Newcastle upon Tyne, United Kingdom
Employees
54
Open positions
None listed
Dealroom signal
61.8/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, DNA, Genetics and genomics, Tech for Biotech and Pharma, uk is8 life sciences, Hard Tech, Woman Founder, Horizon Europe, Digital Care, DT and LS
Business model
Manufacturing

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Nov 2021 $20M $79M Vita Spring IVD Fund ↗
CONVERTIBLEOther financing Mar 2021 $15M — British Business Bank · Future Fund —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

QuantuMDx website traffic

Latest recorded traffic for QuantuMDx is 1.1K monthly website visits, down 8.3% over the last three months. QuantuMDx's team declined 19.4% over the past year.

Latest monthly visits1.1K 3-month web change-8.3% 1-year team growth-19.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • 3B Future Health Fund
  • British Business Bank
  • Future Fund

Series B and later1 investor entered at this stage

  • Vita Spring IVD Fund
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom94.9%
🇺🇸 United States5.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about QuantuMDx on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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