Numares Health

Numares Health

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Private Company

Total funding raised: $32M

Overview

Numares Health is a privately held diagnostics company based in Regensburg, Germany, founded in 2008. It has developed the AXINON® system, a first-of-its-kind modular diagnostic platform that integrates NMR hardware, proprietary Magnetic Group Signaling (MGS®) software, and AI-driven test algorithms to provide multiplexed metabolic profiling. The company is commercial-stage with an FDA-cleared test for cardiovascular risk (LDL-p) and CE-marked tests for kidney function and cardiovascular assessment in the EU, while also developing tests for liver cancer detection. Its technology aims to displace traditional single-analyte tests with more informative, multi-parameter metabolic signatures.

CardiovascularNephrologyHepatologyOncologyNeurology

Technology Platform

AXINON® system: A modular, software-based clinical diagnostics platform integrating nuclear magnetic resonance (NMR) spectroscopy hardware, a proprietary Magnetic Group Signaling (MGS®) processor for standardization, and AI/ML-driven test algorithms to generate diagnostic results from multiplexed metabolic signatures.

Funding History

2
Total raised:$32M
Series B$20M
Series A$12M

Opportunities

The company has a major opportunity to capture market share in the large cardiovascular and chronic kidney disease diagnostic markets by displacing older, less informative tests with its FDA-cleared and CE-marked multiplexed metabolic assays.
Furthermore, its platform technology allows for the efficient development and deployment of new tests for other high-value indications, such as oncology and neurology, from the same core system.

Risk Factors

Key risks include the challenge of driving adoption and securing reimbursement for a novel platform in a crowded, cost-sensitive diagnostics market dominated by large incumbents.
The company also faces competition from other metabolomics approaches and technology platforms, and as a private company, it carries execution and financing risks associated with scaling commercial operations and R&D simultaneously.

Competitive Landscape

Numares competes in the broad metabolomics and specialized diagnostics space. Direct competitors include companies like Bruker (NMR systems) and Nightingale Health (NMR-based metabolomics services), as well as large IVD players like Abbott, Roche, and Siemens that dominate standard cardiometabolic testing. Its differentiation lies in its FDA-cleared, fully standardized clinical NMR platform and specific diagnostic algorithms, rather than just providing raw metabolomic data.