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BioMensio Ltd is set to develop a novel handheld bio-screening sensor and associated services with €2.5 million funding

28/11/2016

BioMensio Ltd, announces today a €2.5 million funding round from private investors, VTT Ventures, Siemens Technology Accelerator and Tekes, the Finnish Funding Agency for Innovation.


BioMensio Ltd, announces today a €2.5 million funding round from private investors, VTT Ventures, Siemens
Technology Accelerator and Tekes, the Finnish Funding Agency for Innovation. In addition to the capital
injection, the investor consortium provides BioMensio with access to extensive knowledge and an industry
network.

"BioMensio is now set to develop a smart handheld bio-screening sensor and associated cloud services to
determine the presence of specific biomolecules. Rapid and accurate on-site testing enables fast and targeted
action in the presence of multiple unwanted substances from a biological liquid based sample. The BioMensio
biosensors allow cost efficient application development for businesses and governmental organizations in food
and beverage, healthcare, security and defense segments as well as environmental monitoring area", comments
Ilari Antila, CEO.

Universality and simplicity are the main advantages of BioMensio label-free technologies. No labelling or
analyte modifications are necessary unlike with traditional techniques. This makes the BioMensio sensor
inherently universal and applicable to any analyte, or even DNA, on the lab-on-a-chip platform.

Joni Leinvuo, CTO BioMensio: "BioMensio devices will be powered by cost effective, well-scaling Mass-
Sensitive Micro-Array (MSMA) technology. The sensing platform consists of microfluidics and an array of
microscopic weighing scale pixels. Mass sensitive transducer chips are based on patented BioMensio Film-Bulk

Acoustic Resonance (FBAR) technology combined with Application Specific Integrated Circuits (ASIC) - two
technologies largely applied in high volume mobile device industries."


About BioMensio Ltd

BioMensio Ltd (www.biomensio.com) was established to build on international research programs and intellectual property of more than 15 patent families. BioMensio technologies result from ten years of science
and combines research at VTT Technical Research Centre of Finland with know-how of Siemens’ Research
Labs.

About VTT Technical Research Centre of Finland and VTT Ventures

VTT Technical Research Centre of Finland is the leading research and technology company in the Nordic
countries, and has a national science and research mandate in Finland. It has over 70 years of experience
supporting clients’ growth with top-level research and science-based results. VTT uses 4,000,000 hours of brainpower to develop new technologies every year. More information: http://www.vttresearch.com . VTT Ventures is the venture arm of VTT with 20 companies in its portfolio. It spins out and invests in the most promising VTT technologies with strong founders. More information: http://www.vttventures.fi

About Siemens Technology Accelerator GmbH

The Siemens Technology Accelerator GmbH (STA) has been established in 2001 as a fully owned subsidiary of
Siemens AG. STA’s mission is to identify and implement the best possible strategy for the external commercialization of innovative Siemens technologies that fall outside of Siemens core business.
The STA team has extensive expertise in setting-up technology start-ups and in the sale and licensing of
technologies. STA employs a proven three-stage approach for external commercialization, beginning with
evaluation, through deal transaction, and on to portfolio management. More information: http://www.siemens.com/sta

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Emailinfo@vtt.fi
Tel.+358 20 722 7070
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Contact Information

Ilari Antila
BioMensio Ltd
http://www.biomensio.com
44 9778688

CONTACT US

P.O. Box 1000, FI-02044 VTT, Finland
Tel. exchange +358 20 722 111
Opening hours Mon - Fri 8:00 - 16:30,
UTC +3 time zone

CUSTOMER SERVICE

info@vtt.fi
Tel. +358 20 722 7070
Opening hours Mon - Fri 9:00 - 11:00 and 12:00 - 15:00,
UTC +3 time zone