OaCP IE LTD ( SOSV Accelerator)

Funding Details
Awarder
SOSV
Date Award
June 10, 2024
Vertical
Diagnostics
Funding URL
View Funding Page

Company Info
Traction
None
Organizations Involved
None
Founders
Enrico Di Oto, Allegro Mateo, Andrea Faviere, Eros Matteo Venturini, Francesco Villa
Company Description
OACP is a “fast reagents” company with reagents that are 18% faster, available in quantity, and less expensive than reagents used by the U.S. FDA and CDC. OACP can provide 100,000 tests per week with a 1 hour 6 min turnaround time using standard qPCR processing, which is 18% faster than CDC tests, roughly 45% faster than the ~2 hr South Korean test, and significantly faster than some other reagents that take up to 2.5 hours. The cost is approximately $14/test for PCR reagents (excluding extraction of RNA costs). The tests can be ordered by the tens of thousands with a 5-day turnaround.
Market
Human Health
Location
Ireland
Coinvestors
None

Links
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