Varro Holdings Secures $20M from Vitalik Buterin for Open-Source Pathogen Detection
Slice of Healthcare Team
11/05/2024
Key Highlights
- Varro Holdings receives $20M USDC from Vitalik Buterin’s Kanro initiative.
- Funds support open-source pathogen detection technology development.
- Varro’s platform enables rapid, low-cost pathogen detection across various settings.
- Initial target settings include healthcare, senior living, and government facilities.
- Technology licensed from Washington University in St. Louis with NIH and FluLab support.
Source: Business Wire
Notable Quotes
“ Our tech platform is unique for its ability to detect very low amounts of virus and other pathogens quickly, effectively, and at low cost. Our partnership with Kanro and our open-sourcing of the technology has the potential to transform global public health by changing the face of infectious disease management and enabling innovation. ”
Tom Cirrito, PhD, Chairman and CEO at Varro
“ I’m pleased to support a free and open-source hardware (FOSH) business that will both develop crucial tools for preventing the next pandemic, as well as pioneer a new paradigm of free and open-source hardware development that can enable widely distributed access to tools for personal health and beyond. ”
Vitalik Buterin, Co-founder at Ethereum
