Lo Bio

Lo Bio is a healthcare company in Rockville, United States, founded in 2024. It has raised $1.7M across 1 round, most recently a $1.7M Seed in April 2024.

Lab-approved home plasma collection

Employees
1–10
Founded
2024
Business Model
B2B
Website
lo-bio.com
Total Funding
$1.7M
Last Round
$1.7M SeedApr 2024
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

LoBio (Lo Biosciences, Inc.) is a healthtech startup founded by two Cornell PhD researchers—Sasank Vemulapati and Li Jiang—who met at Cornell University's Mobile and Global Health Laboratory. The company developed the LoBio P1, a patented micro-magnetic bead device that separates plasma from blood with the same quality as a centrifuge, enabling patients to collect and ship clinical-grade samples from home. More than 85% of the 2 billion blood draws done yearly in the US require plasma, which historically has required specialized lab equipment. LoBio has been recognized by Techstars Healthcare (Spring 2024), Creative Destruction Lab (Health and Wellness 2023), and Mt. Sinai Elementa Labs (2024), and has received federal grant funding from NSF and CDC.

Summary

It lists 1–10 employees. It has raised $1.7M in total across 1 round, most recently a $1.7M Seed round in Apr 2024. Investors include Techstars.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed RoundApr 2024
$1.7M

Investors

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