Advanced Animal Diagnostics Garners $6,000,000 Series B Financing Round

  • Feed Type
  • Date
    4/11/2013
  • Company Name
    Advanced Animal Diagnostics
  • Mailing Address
    635 Davis Drive Morrisville, NC 27560 USA
  • Company Description
    Advanced Animal Diagnostics (AAD) is an innovative company designed to enhance the profitability of livestock production and ensure a safe, abundant supply of animal protein by developing highly accurate, rapid diagnostics to detect and manage disease states, reproductive, nutritional and overall health status of production animals.
  • Website
    http://www.advancedanimaldiagnostics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Funds will be used to launch AAD’s Qscout™ automated on-farm lab system and Qscout™ MLD rapid on-farm test for mastitis in dairy cows. Proceeds will also develop new tests to detect disease-causing pathogens in hours instead of days required by current tests.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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