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RSP Systems enjoys successful Series B funding round
August 2018
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ODENSE, Denmark—June saw the completion of the first closing of a Series B funding round for diagnostics company RSP Systems A/S, which brought in a total of €6.5 million in the financing. The round was kept open for a second closing in light of significant interest. Participants consisted of family offices and private investors—including Jürgen Hambrecht, chairman of the board at BASF, and Andreas Jenne, CEO of RSP Systems—as well as all of the company's existing investors. This funding round brings RSP Systems' total raised funds to €19.5 million. The company intends to use the Series B funds to support more extensive clinical trials, such as for its non-invasive glucose monitor.
 
“The Series B financing round builds on an exceptional year for RSP Systems where the company has significantly advanced its technology platform, as featured in an article recently published in PLOS ONE,” said Jenne.

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