Visualant closes $5M in funding for spectral pattern-matching technology

Visualant (OTCQB:VSUL; Seattle, WA) has closed equity funding worth $5 million, led by Special Situations Technology Fund, to help unveil ChromaID, a spectral pattern-matching diagnostics and identification technology.

The $5 million round provides the company with the financial means necessary to scale manufacturing of F12 ChromaID development kits and also build specialized ChromaID products for the developer community, allowing the making of a new generation of consumer and industrial devices. The company is also a Qualcomm Tricorder XPRIZE entrant, and is currently developing a portable, wireless device that uses its ChromaID technology to monitor and diagnose a wide range of health conditions.

The company will file its 8K with the terms and conditions as per regulatory guidelines.

-----

Follow us on Twitter, 'like' us on Facebook, and join our group on LinkedIn

Subscribe now to BioOptics World magazine; it's free!

Get All the BioOptics World News Delivered to Your Inbox

Subscribe to BioOptics World Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
Related Articles

Wearable light therapy device for hair loss receives regulatory approval in Brazil

The iGrow hair growth system, a wearable low-level light therapy device for treating hair loss, is cleared for use in Brazil.

FDA authorizes emergency use of Zika virus molecular detection assay

The xMAP MultiFLEX Zika RNA assay combines optofluidics and digital signal processing to detect Zika virus in vitro.

Merz acquires laser tattoo removal device maker ON Light Sciences

Merz North America has acquired ON Light Sciences, which develops technologies to enhance laser-based dermatology procedures.

Shortwave-infrared device could improve ear infection diagnosis

An otoscope-like device that could improve ear infection diagnosis uses shortwave-infrared light instead of visible light.

BLOGS

Neuro15 exhibitors meet exacting demands: Part 2

Increasingly, neuroscientists are working with researchers in disciplines such as chemistry and p...

Why be free?

A successful career contributed to keeping OpticalRayTracer—an optical design software program—fr...

LASER Munich 2015 is bio-bent

LASER World of Photonics 2015 included the European Conferences on Biomedical Optics among its si...

White Papers

Understanding Optical Filters

Optical filters can be used to attenuate or enhance an image, transmit or reflect specific wavele...

How can I find the right digital camera for my microscopy application?

Nowadays, image processing is found in a wide range of optical microscopy applications. Examples ...

CONNECT WITH US

            

Twitter- BioOptics World

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS