Notation Labs completes funding to support initial production of the QWEL device designed to avoid costly damage caused by water leaks and conserve water.

PHOENIX and SCOTTSDALE, Ariz., Sept. 28, 2023 — Notation Labs, Inc., a technology company focused on the development and distribution of automated leak detection and prevention, is pleased to announce that it has obtained funding for the production of a suite of products, which are designed to work with the QWEL consumer app.

Management believes the combination of an intuitive user interface and leak prevention device, utilizing proprietary cloud-based analytics software, will bring tremendous value to the residential and commercial real estate markets as well as insurance providers.

About Notation Labs, Inc.:

Notation Labs, Inc. is a technology-driven company built around next-generation home automation and water efficiency devices. The Company’s primary products are expected to help conserve water and assist homeowners in supporting environmental sustainability. The Company markets its products through its website www.qwel.io to customers, including plumbing wholesale distributors and dealers throughout the United States. Notation Labs, Inc. began operations in 2020 and is headquartered in Scottsdale, Arizona.

Connect with Us:
Please visit www.notationlabs.io to learn more and sign up for updates.

Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by Notation Labs, Inc. are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions, and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.

SOURCE Notation Labs, Inc.

Lightest Disposable & Endlessly Recyclable Aluminum Cup Offers Superior Alternative to Single-Use Plastic Cups

LOS ANGELES, Sept. 28, 2023 — Lumi, an innovative newcomer in the food and beverage packaging sector with a mission to combat the global surge in single-use plastics, announced today that it successfully closed its seed round of funding. Proceeds from its oversubscribed round will enable Lumi to fully launch production of the LumiCup, the lightest disposable and endlessly recyclable aluminum cup on the market. Initial investors include Innovent Group, LLC, Hydra Group, LLC and Responsibly Fund, LP.

With shipments to hospitality, entertainment and travel & leisure consumers beginning in early 2024, the LumiCup is poised to disrupt the beverage packaging landscape with a truly environmentally conscious product available in 9 oz., 12 oz. and 16 oz. cup sizes, serving a wide variety of cold beverages. Its cutting-edge design will make the LumiCup the most lightweight alternative to single-use plastic cups on the market, while also accommodating standard-size lids. Many of the world’s largest hospitality enterprises like hotels, airlines, festivals and specialty beverage chains rely on single-use plastic cups for lightweight convenience, affordability, and stackability. Lumi is garnering significant attention for the LumiCup product line because it is the best alternative for customers seeking the same benefits while eliminating single-use plastic and gaining full curbside recyclability.

Lumi will also soon introduce the first infinitely recyclable 2oz. ramekin called the “LumiKin,” designed to replace single-use plastic ramekins with a superior alternative to hold sauces, dressings and garnishes. All of these products allow consumers to be Conscious Without Compromise.

“We started Lumi in 2021 with a singular vision: to challenge the status quo in disposable beverage packaging and offer the world an eco-friendly, high-performance alternative to wasteful plastic cups,” said Kevin Diamond, Co-Founder and Chief Executive Officer of Lumi. “Today’s announcement is a testament to our persistence, years of meticulous design engineering, and the confidence of our investors. With 10 million tons of single-use plastic waste coming from the 500 billion plastic cups sold globally every year, there is a loud and urgent call for the change we’re starting. As we gear up, we’re delighted to introduce LumiCups to a world that’s been waiting for genuine sustainability in food and beverage packaging.”

Investor Responsibly Fund, LP expressed their confidence in Lumi’s market potential. “We’re excited to back this remarkable team, and the massive problem they are attacking with single-use containers we currently see in the market,” said Zécca Lehn, General Partner, Responsibly Fund, LP. LumiCups have demonstrated true sustainability from both a materials and carbon footprint perspective. Aluminum recycling uses just 5% of the energy required for primary milling, and is infinitely recyclable – nearly 75% of all aluminum ever produced is still in use today.

Funds from Lumi’s seed round will:

• Expand Marketing and Sales: Increasing brand visibility and scaling customer acquisition efforts.
• Build Inventory: Ramping output to fulfill large orders.
• Enhance Product Development: Developing additional beverage package options.

About Lumi and the LumiCup
Lumi is revolutionizing the disposable beverage packaging industry with its groundbreaking product, the LumiCup – the lightest disposable and endlessly recyclable aluminum cup on the market. Founded in 2021 with a vision to combat the global surge in single-use plastic, Lumi’s innovative beverage solution offers a superior alternative to plastic cups. Rigorous R&D and design engineering led to a product that outperforms plastic and plastic-lined paper cups while delivering true materials and carbon footprint sustainability. With the planet enduring a staggering 10M tons of annual waste from single-use plastic cups, sophisticated and lustrous LumiCups are an easy and environmentally conscious choice in 9 oz., 12 oz. and 16 oz. sizes. Beginning in early 2024, LumiCups will be served at a variety of hospitality, travel and entertainment venues. Please visit www.lumicup.com for location details. Lumi and its LumiCups represent a first wave of genuine progress towards sustainable food and beverage packaging. Join the movement online at lumicup.com and @thelumicup on Instagram. For more information, please contact LumiCup at [email protected].

MEDIA CONTACTS
Kat Johnson
[email protected]  
(404) 683-2333

Kara Prior
[email protected]  

SOURCE Lumi

SAN FRANCISCO, Sept. 28, 2023 — Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5 million in seed funding, led by prominent investors AIX Ventures and Abstract Ventures. The funding round also saw participation from several renowned angel investors.

Prompt AI is increasing access to computer vision technology by empowering individuals and organizations to harness the potential of large language models. Until now, visual AI has been dominated by researchers at elite universities and large corporations, limiting its accessibility to the general public. Prompt AI seeks to put an end to this disparity and open up the world of visual AI to anyone with a camera and a question to answer.

“People are not getting the most out of their photos and videos. We want to bring AI tools out of the university and into the hands of the public. Our vision is to unlock the potential of computer vision for everyone, and this funding will be instrumental in achieving that goal,” said Tete Xiao, CEO and Co-Founder of Prompt AI. “Prompt coaxes out deeper meaning from your visual data, helping you get deep, immediate info from the world around you. Prompt will be your new photo whisperer.”

Prompt AI’s platform can empower a broad range of users to gain actionable knowledge from the vast mountains of images and videos they encounter daily. Individuals with home security cameras can easily build a personalized system to receive real-time alerts, such as wildlife appearances, package deliveries or guest arrivals. The platform enables users to ask questions about these occurrences, transforming visual data into valuable insights.

For enterprises and governmental organizations with vast amounts of satellite images, Prompt AI’s platform allows them to create a searchable database. Natural language queries, such as “What homes were affected by the flood?” or “How many ships are located near the West coast of the United States?” can now be answered swiftly and accurately.

Among the company’s co-founders are Xiao and Trevor Darrell, who holds the position of President. Xiao holds a Ph.D. in Computer Science from UC Berkeley. His extensive research background spans computer vision, robotics and machine learning, including notable work on the Segment Anything Model in collaboration with Facebook AI Research (FAIR).

Darrell serves on the faculty of the Electrical Engineering and Computer Sciences Department at UC Berkeley. As the founder and co-leader of Berkeley Artificial Intelligence Research (BAIR) lab, he has contributed significantly to advancing the frontiers of computer vision and is a pioneer in the field of AI research. He has also played an integral role in various AI initiatives in collaboration with industry giants like Facebook, Google, Microsoft, and Amazon. Darrell also played a critical role in the development of the Caffe deep learning library at UC Berkeley, one of the world’s first deep-learning frameworks.

“Prompt AI’s platform will empower individuals and organizations to leverage their photos in new ways that they have never considered. By 2030, it’s expected that more than two trillion images will be taken each year.  New tools are needed to help make sense of all this data.” AIX Ventures Investment Partner Pieter Abbeel said. “An AI revolution is coming for visual data like the one that just occurred for language, and Prompt AI is going to be a key player.”

About Prompt AI:

Prompt AI is a pioneering AI startup that aims to democratize access to computer vision technology. Its platform allows users to turn visual data into a searchable database, empowering them to prototype visual AI solutions and share their workflows with the wider community. The company’s mission is to revolutionize the perception of visual data, enabling individuals and organizations to transform it into actionable knowledge. Learn more at promptai.co.

SOURCE Prompt AI

NEW YORK, Sept. 28, 2023 — Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the “Company”), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company’s initial public offering sponsor (the “Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $98,858.95 representing, approximately $0.05 per ordinary share, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from October 9, 2023 to November 8, 2023. The Company issued a promissory note to the Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, and one warrant to purchase one ordinary share) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.

About Ace Global Business Acquisition Limited

Ace Global Business Acquisition Limited is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more business entities.

Forward-Looking Statements

This press release may includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s business combination, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

SOURCE Ace Global Business Acquisition Limited

SHANGHAI, Sept. 28, 2023 — Hydrexia Holding Limited (“Hydrexia”), a leading integrated hydrogen technology solution provider in China, announced today that it has completed its Series D of private equity financing.  This series is led by Qingdao Ocean Investment Group (“QOIG”) and joined by previous rounds investors SB China Venture Capital, Yixing Environment Science & Technology Fund, MY Tsinghua Capital, and others.

With the conclusion of the Series D financing, Hydrexia has completed a total of four rounds of private equity financing in the past 7 years, during which it has evolved to become a technology and market front runner in the hydrogen industry in China, offering innovative and breakthrough products and solutions across the industry value chain. 

“We are very happy to have won the confidence of investors in our business.  Their financial support will facilitate us to further travel along the technological path of our journey to continued success,” said Alex Fang, the chairman and CEO of Hydrexia.  “With the favorable policy and business environment globally, the hydrogen energy market presents huge business opportunities ahead.  We believe the raised capital will enable us to enhance our R&D and product delivery capabilities to better serve the needs of our customers,” Fang continued. 

“We have chosen to invest in Hydrexia because of its demonstrated solid technology leadership and proven business execution capabilities,” said Shuzhi Liu, the chairman of the board of QOIG.  “Hydrexia team has performed extremely well in response to the rising needs of the hydrogen industry to quickly capture business opportunities,” he added.

With its strong technology capability, Hydrexia continues to solidify its market leadership with a focus on alleviating the bottlenecks of the hydrogen industry.  Hydrexia believes it has become the first company in the industry to have commercialized its breakthrough magnesium-based solid-state technology for hydrogen storage and transportation.  

About Hydrexia

Hydrexia Holding Limited is a leading integrated hydrogen technology solution provider in China with global reach. The company specializes in providing technology solutions for hydrogen production, storage, transportation, and utilization.  Leveraging its solid R&D capabilities and innovative technology, Hydrexia aims to effectively address the technology and application needs across the global hydrogen industry value chain.

SOURCE Hydrexia

SAN ANTONIO, Sept. 28, 2023 — Retainers For Life (RFL) announced today it will be expanding its operations in Canada, following record-breaking adoption during the company’s Canadian pilot program.

Retainers For Life, the orthodontic company modernizing retention, allows orthodontists to more easily capture lost revenue with their unique Smile Protection program. With the program, practices can offer patients wholesale pricing on retainers, in exchange for a one-time membership fee.

“Nearly every patient needs a replacement retainer at some point post-treatment,” shared orthodontist and RFL Founder, Dr. Amy Jackson. “But so few patients come back into the office for that replacement. Not only does this mean the practice misses out on additional revenue, but it means the patient’s clinical progress is halted as well.”

Dr. Jackson experienced this challenge in her practice first-hand, which inspired her to start offering an in-house retention program. “Running a program like this on your own is easy… year one. But year three? It’s an administrative nightmare, and a massive headache.” Dr. Jackson shared. Feeling that frustration led her to start Retainers For Life.

The company grew rapidly, being adopted by practices across the United States, and resulted in Canadian practices requesting to participate.

“When I first heard about this program, I couldn’t help but be intrigued.” says Dr. Ron Wolk who practices in Abbotsford, BC, and participated in the pilot. “It’s been a true win-win-win situation, for our patient, our staff, and everyone’s schedules. I wholeheartedly recommend them!”

“We had a feeling the Canadian market would be quick to adopt this program,” shared Retainers For Life Chief Operations Officer Lorraine Porto. “But the enthusiasm in which they’ve done so, and the impact as a result, has been incredible.”  

The company will officially begin their expansion into Canada at the upcoming CAO (Canadian Association of Orthodontists) event at the end of September, where they anticipate a continuation of the momentum they experienced with the pilot program.

“I’ve been in offices in 6 different states the last few months,” shared Retainers for Life’s Head of Integrations, Victoria Schoenherr. “The energy and excitement from our customers is amazing. It’s so cool to see staff who may have been hesitant at the start of the program singing its praises after seeing the results. I can’t wait to see the same across Canada!”

About Retainers For Life:

Retainers For Life is revolutionizing the orthodontic industry with its shared revenue model and commitment to providing exceptional value to patients and doctors alike. With rapid growth, innovative communication tools, and a global expansion strategy, RFL is at the forefront of orthodontic retention solutions.

Media Contact:
Lorraine Porto
(215) 287-8850
[email protected]

SOURCE Retainers For Life

IRVINE, Calif., Sept. 28, 2023 — GoDocs, a leader in automated commercial loan document automation, proudly announces its upcoming Managing Default Rates webinar (https://godocs.com/managing-default-rates-webinar-multistate-commercial-lending/.)

Steering through the ebb and flow of the market, commercial lenders face a critical task – skillfully managing default rates. It’s not just about gaining a competitive advantage; it’s about treading a fine line within the legal landscape, avoiding potential legal disputes, and ensuring compliance with the ever-evolving set of rules. This delicate balancing act, spanning diverse states and their specific regulations, is paramount to a successful lending approach. By mastering the intricacies of default rate management, lenders can guide their strategies effectively, reducing risk, and optimizing returns for increased profitability.

The webinar will delve into the formidable task of managing default rates across diverse states, each with its own legal intricacies and restrictions. Abigail Williams, Senior Director of Legal and Compliance at Lima One, takes a spotlighted position among the panelists, bringing invaluable expertise and real-world insights from her front-line experience at Lima One. Joining her are esteemed panelists: Ren Hayhurst, Sr. Counsel and Executive Director for Loan Automation at GoDocs; Zach Wallin, Lead Corporate Counsel specializing in Legal Operations at GoDocs; and Tucker Wade, Lead Corporate Counsel focusing on Legal and Compliance at GoDocs. They will collectively explore the nuances of maintaining a consistent lending approach amidst varying state-specific regulations, economic landscapes, and borrower demographics, providing participants with a gateway to understanding the critical balance required to structure loans effectively, minimize defaults, and maximize returns.

Essential Topics for Managing Default Rates
The Managing Default Rates webinar will address a wide range of mission-critical topics for commercial lenders, including:

• State-Specific Regulations – How to unlock key strategies to navigate complex state-specific regulations and optimize lending decisions.
• Laws and Best Practices – The latest intel on changing laws and industry best practices, ensuring your lending strategies remain compliant and effective.
• Impact on Profitability – Insights into the relationship between precise default rate management and increased profitability in commercial lending.
• Tools, Tips, Automation – A review of the essential tools and tips for optimizing processes, ensuring compliance, and enhancing adaptability in managing default rates.

“From our experience and continuous conversations with customers and lenders, we grasp the pressing need for commercial lenders to navigate a challenging and ever-changing landscape,” states GoDocs’ Executive Director for Loan Automation, Ren R Hayhurst. “Our approach is multifaceted, combining constant updates, best practices, and automation. By streamlining the management of default rates, our customers can optimize lending decisions and maintain more resilient portfolios.”

The Power of GoDocs^®
In addition to the webinar’s insights, attendees will discover how GoDocs provides a much-needed advantage when it comes to managing rates. GoDocs’ cutting-edge software is designed to automate and provide lenders with effective, compliant, and timely options to manage default interest rates. This not only ensures adherence to legal frameworks but also eliminates the potential for errors and inconsistencies that can lead to costly legal disputes. By leveraging GoDocs, commercial lenders can navigate the intricate landscape of default interest rates with confidence, knowing that they are equipped with the tools to comply with regulations seamlessly while optimizing returns.

About GoDocs
GoDocs is an innovative leader in automated loan document generation, transforming the commercial lending process. With our fully cloud-based platform, we provide a flexible digital solution that makes commercial loans more cost-effective to document and faster to close, all while maintaining compliance in all 50 states. As the only purely SaaS system for automated loan document generation, GoDocs offers a user-friendly experience that requires little to no training. Our SOC2 certification underscores our commitment to data security and confidentiality. Trusted by industry-leading banks, credit unions, and private lenders, GoDocs delivers clear, demonstrable value with our exceptional customer satisfaction, backed by our 100% onshore support. GoDocs — Experience the future of commercial lending with a one-stop digital closing ecosystem.

Media Contact 
Virginia Bush
VP of Marketing
GoDocs
949.274.7907
[email protected]

Website
godocs.com 

Social Media
Follow us on LinkedIn
https://www.linkedin.com/company/godocs

SOURCE GoDocs

Serial entrepreneurs complete strategic acquisition to drive innovation in mobile-first auto buying

INDIANAPOLIS, Sept. 28, 2023 — Overfuel, an Indianapolis-based digital retail platform designed exclusively for the automotive industry, has acquired 321 Ignition, a mobile-first car-buying website platform. The combined resources will enable rapid innovation and product development, giving dealerships better options when it comes to choosing a technology partner.

Overfuel aims to revolutionize the mobile-first automotive buying experience and put control back into the hands of the dealership. With a focus on speed and user experience, Overfuel provides automotive dealers with a platform to improve their online presence, including AI-enhanced websites, digital retailing and modern SEO practices to calculate ROI on marketing spend.

“In an industry that’s been technologically dormant, companies like Tekion have demonstrated that an appetite for innovation still exists, paving the way for a new wave of software companies,” said Ryan Pfenninger, CEO at Overfuel. “Dealerships don’t need another plugin or website vendor, rather a solution that works out of the box. That’s why Overfuel has set out to consolidate every step of the customer journey into a single-point solution. This acquisition represents a significant step in our mission to revolutionize the way dealerships serve their customers online.”

A benchmark report by Wattspeed revealed that only 39% of automotive websites meet Google’s recommended speed standards on mobile devices, ranking the automotive industry second-worst in terms of underperformance. Over 80% of car shoppers access these websites through mobile devices, presenting an immense opportunity for dealerships to engage with a wider customer base. Sluggish websites not only diminish search engine rankings but also yield lower conversion rates, incur higher pay-per-click advertising costs and potentially tarnish a dealership’s brand image.

“The opportunity in front of our combined teams is tremendous,” said DJ Haddad, Cofounder of 321 Ignition. “The biggest problem in this industry is the tech and the products available to dealerships. Oftentimes, their websites are hosted on antiquated solutions with a dozen plugins cobbled on top, which hinders customer experience and harms overall performance. Combined with Overfuel’s all-in-one platform, we’re tackling the major problems dealerships face while meeting the demands of modern consumers, particularly in the mobile-first era.”

In addition to the acquisition, Overfuel raised a $500,000 pre-seed funding round led by Elevate Ventures. The capital will be used to expand its onboarding and customer success team to support over 100 new customers signed since piloting in March.

“From a technical standpoint, many of the market leaders in this space have been around for over 10 years and haven’t focused on continued innovation,” said Christopher Day, CEO at Elevate Ventures. “We saw an interesting opportunity with Overfuel to solve a massive industry problem. The leadership team has deep SaaS experience with a track record of building great software. We are excited about Overfuel’s growth opportunity.”

To learn more about Overfuel, visit: https://overfuel.com/

About Overfuel 
Overfuel is the automotive industry’s first no-code, mobile-first website platform with built-in digital retailing, superior user interfaces (UI), localized SEO and secure online payments. Overfuel provides dealerships with state-of-the-art technology to grow their website traffic, connect with more customers and convert more leads — all in one place. To learn more about Overfuel, visit overfuel.com.

About Elevate Ventures
Elevate Ventures is the #1 most active seed and early-stage investor in the Great Lakes region and #5 in the United States. The firm assists high-growth startups and early-stage companies expand into high-performing companies. Elevate has invested over $150 million in more than 500 companies. To learn more about Elevate Ventures, visit elevateventures.com.

Media Contact
BLASTmedia for Overfuel
[email protected]
317.806.1900 ext 122

SOURCE Overfuel

Round includes multiple global institutional investors including Flagship Pioneering, Pictet, Partners Investment, and M&G 

Financing will enable completion of clinical validation of Harbinger’s first blood-based cancer screening product, further evidence-generation activities and continued organization scale-up ahead of anticipated 2025 product launch

CAMBRIDGE, Mass., Sept. 28, 2023 — Harbinger Health, a biotechnology company pioneering new technologies to fundamentally change cancer screening and detection, announced today that it raised $140 million in Series B funding. The financing round is comprised of the Company’s founder, Flagship Pioneering, alongside new global institutional investors including Pictet, Partners Investment, and Catalyst, M&G Investments’ purpose-led private assets strategy, among other investors. The new funds will be used to support the completion of Harbinger’s Cancer ORigin Epigenetics-Harbinger Health (CORE-HH) 10,000-participant clinical study of its novel blood-based cancer screening platform; develop its two-tier testing model; expand its data science and commercial teams and capabilities; and initiate additional clinical studies in high-risk populations.

Harbinger is developing a proprietary two-tier testing model with the goal of making cancer screening accessible on a global scale. Harbinger’s product development strategy is designed to enable low-cost population testing to achieve broad affordability, improve Positive Predictive Value (PPV) to reduce the burden of false positives, and quantitative individual longitudinal monitoring to better guide clinical decision making if cancer is detected. Harbinger’s platform, HarbingerHx, leverages machine learning, proprietary insights into the molecular biology of cancer’s origins, and growing datasets to develop insights that maximize clinical informativeness.

The Company expects to launch its first product – a laboratory developed test (LDT) for the detection of early cancer – in 2025. The LDT, the HarbingerHx platform, and the Company’s proprietary DNA library archiving technology together will make it possible to rapidly launch additional products over time, addressing specific disease types and population groups.

“At Harbinger, our goal is to lead the way to a future where cancer screening is routine, affordable and accessible for everyone,” said Stephen Hahn, M.D., CEO of Harbinger Health. “We have a unique opportunity to make cancer screening tools work better and work for more people through our biological and technical solutions. We are achieving this by combining machine learning with insights into the biology of cancer’s origins and individual risk in order to provide actionable information to providers, enabling them to guide improved clinical decision making for their patients. This is where I see our greatest potential to reduce cancer mortality rates in our lifetimes.”

“Since its inception, Harbinger has built a platform that integrates our ability to understand the underlying biology of cancer with the ability to aggregate large datasets to fuel product development to solve some of the greatest challenges in the cancer screening field today,” said Douglas Cole, M.D., co-founder and chairman, Harbinger Health and managing partner, Flagship Pioneering. “This current financing will enable us to scale and advance a proprietary product model that optimizes for performance, accessibility, and cost and ultimately seeks to provide the right test for the right patient at the right time.”

Harbinger has raised approximately $190 million in total funding since its formation in 2020. This funding round comes on the heels of multiple business and clinical milestones for Harbinger as it continues the acceleration of its two-tier, multi-cancer platform, including multiple appointments to its executive leadership team and data presentations demonstrating the performance of Harbinger’s platform.

About Harbinger Health

Harbinger Health is pioneering the detection of early cancer and enabling foundationally new approaches to cancer screening, diagnosis and management. The company combines advances in artificial intelligence with proprietary insights into the biology of the beginnings of cancer to identify cancer before it is visible or symptomatic with the aim of developing low-cost, multi-cancer blood tests. Harbinger envisions a future where, instead of keeping cancer from spreading, it could be kept from forming, making a cancer diagnosis a routine health problem to be addressed rather than a life-altering event to be feared with profound implications for people, healthcare systems and societies. Harbinger was founded by Flagship Pioneering after three years of foundational research in its Labs unit and launched in 2020. Learn more about Harbinger by visiting www.harbinger-health.com or following us on Twitter (@harbingerhlth) and LinkedIn.

Media Contact
press@harbinger-health.com

SOURCE Harbinger Health