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Thursday, Mar 26, 2026
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Medical Testing Company Raises $9.6M

NeoMatrix Inc., an Irvine medical testing company, has raised $9.6 million in a third round of funding.

NeoMatrix said it’s going to use the money to expand sales of its Halo system, which is designed to test women for atypical ductal hyperplasia, a biomarker that can be a precursor to breast cancer.

The company didn’t disclose the investors in the round of funding.

It did say it added a pair of directors: Anthony Ciabattoni, an entrepreneur who serves as an advisor for Waveland Capital Group LLC of Irvine, an investment banking firm that raises capital for early-stage companies, including NeoMatrix; and Richard Franco, chief executive of Dara BioSciences Inc., a Raleigh, N.C. private drug development company.

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