Biosensor Companies | Market Research Future

Top Industry Leaders in the Biosensor Market

Biosensor Key Companies Latest Biosensor Companies Update

September 2023: A $2.1 million seed round was raised by Scentian Bio, a New Zealand-based startup that manufactures biosensors with potential applications ranging from rapid testing for maladies like tuberculosis to food quality control. The funding round, which was spearheaded by Finistere Ventures and Toyota Ventures, also featuring Icehouse Ventures and OurCrowd, brings the total funding raised by Scentian Bio to $4.4 million. This amount includes a grant of $1.7 million from the Bill & Melinda Gates Foundation. The funds will be utilized to expand the seven-person team, advance technology development, and commercialize the initial industry-specific products, beginning with a food quality control solution that is anticipated to debut by the end of 2024.

January 2023: Intricon, a manufacturer and developer of medical devices powered by intelligent miniaturized electronics, established a Biosensors Center of Excellence (CoE) in January 2023. A vertically integrated business entity, the center is comprised of the organization's biosensor device expertise and capabilities. Its sole objective is to introduce biosensor devices to the medical market. This strategy is essential for original equipment manufacturers (OEMs) and startups, as developing medical biosensor devices differs significantly from developing consumer biosensor products. Intricon is a manufacturer and developer of wearable glucose monitoring devices and an early pioneer in the development of hearing aides. High-density microelectronics, miniaturization, ultra-low power, miniature molding, firmware development, and wireless communication, including Bluetooth and Bluetooth Low Energy technology, are areas in which the Intricon Biosensor CoE team specializes. Intricon intends to augment its group of biosensors specialists.

List of Biosensor Key companies in the market