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Blood testing start-up Osler to tap investors as it primes device launch

Oxford university spinout seeks to add to $100mn already raised in drive to succeed where Theranos failed

Osler Diagnostics is planning to raise more funds as the Oxford university spinout prepares to launch its first blood-testing device, in an industry tarnished by its most famous forerunner: Theranos.

The diagnostics start-up, co-founded by 27-year-old Connor Campbell, who attended but did not finish medical school, has already raised $100mn in the five years since its launch.

While the group is named after famed 19th-century diagnostician Sir William Osler, its tabletop device has a sleek iPad-like interface.

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