TestCard raises £4.5 million in funding

TestCard, the company founded by Dr Andrew Botham and technologist Luke Heron, has raised £4.5 million in funding.

The company aims to facilitate an earlier diagnosis by supporting people diagnose common conditions and diseases using the camera on their mobile phone.

In November the company is set to launch an at-home UTI testing kit, aiming to support people who are showing symptoms, to test and then access treatment quickly. Using a postcard that holds a set of test strips and a smartphone app, a user can see the results instantly.

The new round of funding will support the company with new product development, advancing regulatory applications, international expansion and further product launches.

Chris Craig-Wood, Chief Commercial Officer at TestCard, said: “We are delighted to secure this level of funding while still in our early stages as a business. It’s clear that diagnostic testing is an attractive opportunity in the current climate.”

“This level of investor confidence speaks volumes about our ambitious growth plans in delivering disruptive, at-home healthcare solutions to the market across multiple territories.”

At present, the Testcard team is made up of 25 staff based predominantly between Edinburgh and Scarborough; however, it plans to expand to 50 staff by the end of 2021.