Visby Medical™, a leader in rapid, at-home polymerase chain reaction (PCR) diagnostics, today announced it has raised approximately $55 million, with the potential to reach $65 million, in its latest financing round led by Catalio Capital Management. The round also saw participation from existing investors including ND Capital, Cedars Sinai Medical Center, Blue Water Life Science Advisors, Pitango Ventures and John Doerr. The funds will accelerate the launch and distribution of Visby Medical's recently FDA-authorized at-home Women's Sexual Health Test, further establishing the company's strategic focus as the premier at-home testing company.

Founded in 2012, Visby Medical, Inc. is revolutionizing infectious disease diagnosis by empowering both physicians and patients to accurately test for infections anywhere, anytime, with laboratory accuracy. The company's proprietary technology platform delivers true PCR results in under 30 minutes through the world's first instrument-free, single-use PCR tests that fit in the palm of your hand. Currently, Visby Medical offers FDA-cleared tests for sexually transmitted infections (STIs), available both in point-of-care settings and now directly to consumers at home, and respiratory infections (COVID-19, flu A and flu B), available for point-of-care settings. Visby Medical is actively expanding its platform with a wide range of future tests for the at-home and point-of-care markets.