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Bluejay Diagnostics raises $23.6M, partners with Argonaut to boost US manufacturing and prepare for FDA submission.

Market News
03 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Bluejay Diagnostics announced a private placement to raise up to $23.6 million, including $8.5 million upfront, to extend its cash runway into early 2027. The funds will support FDA submission and commercialization of its rapid sepsis testing system, Symphony. The company also formed a strategic partnership with Argonaut Manufacturing Services to develop scalable U.S.-based manufacturing and strengthen its commercial infrastructure. This move aims to enhance product distribution, supply chain resilience, and reduce risks from international sourcing and tariffs, positioning Bluejay for growth in the medical diagnostics market.

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