The company saw demand jump as the pandemic left nursing homes and assisted living facilities with piles of waste. Armed with a $3.5 million, the company is readying to ramp up sales of their printer-sized device.
On this week's episode of L.A. Venture, hear lots of insights on equity crowdfunding from Buck Jordan. He's raising $50-$100K a day, mostly on SeedInvest, for the robotics and food companies coming out of WaveMaker Labs.
Companies can order testing kits given emergency use approval as part of their return-to-work program, and send them directly to employees' homes. Employees get results from DxTerity's lab within 48 hours of returning the sample.
The high-flying, $1.75 billion mobile streaming service that attracted investors from Hollywood studios to Goldman Sachs is now grappling with how to return whatever capital it has left. Meanwhile, investors and those inside the company are asking how it all happened.