Funding

March 9, 2021

Life Magnetics, Inc. Launches Crowd Funding Campaign

With the completion of beta testing and our initial commercial launch. Life Magnetics, Inc. is launching a crowdfunding campaign on WeFunder.com. Company CEO, Dr. Kevin Hagedorn […]
January 10, 2021

Kit for double stranded RNA removal in beta testing with applications in vaccine manufacturing

Double stranded RNA (dsRNA) is a difficult to remove contaminant which is commonly present when manufacturing mRNA drugs, a recent publication in the journal of molecular […]
October 10, 2020

Life Magnetics calls for collaborations for at-home urine testing

On October 10, 2020, Life Magnetics is announcing a call for collaborations for at-home urine testing. With the success of products like Cologuard and the need […]
August 22, 2020

Product officially launches

On August 20, 2020 Life Magnetics is happy to officially announce the launch of CarbonPrep, in beta testing and used for years by esteemed researchers at […]
July 21, 2020

Life Magnetics, Inc. product used in clinical testing at Rapid Biosense

On July 21, 2020, Life Magnetics and Rapid Biosense completed a collaboration to set up a CLIA laboratory for COVID-19 testing to address the need for […]
April 17, 2020

Life Magnetics, Inc. receives $140k in funding from Birmingham Angels

On April 10, 2020, Life Magnetics, Inc. received $140,000 in funding from Birmingham Angels, a new angel group located in Detroit, MI. We’re looking forward to […]
October 5, 2018

Life Magnetics, Inc. receives $250k in funding from Blue Water Angels

On October 5, 2018, Life Magnetics, Inc. has received $250,000 in funding from Blue Water Angels, located in Midland, Michigan. This was a follow-on from $150k […]
December 28, 2017

Life Magnetics, Inc. receives $225,000 from the National Science Foundation to develop RNA isolation technology

Life Magnetics, Inc. has received $225,000 from the National Science Foundation to continue development of it’s RNA isolation kits. A major Life Science investment banking firm […]
October 3, 2017

Life Magnetics, Inc. awarded $12,500 from the Michigan Business Accelerator Fund

Life Magnetics, Inc. has been located at TechTown, Detroit since 2014 and this year, the entrepreneur-in-residence helped us get a $12,500 award from the Michigan Business […]
June 15, 2017

Life Magnetics, Inc. receives $132,500 in seed funding from Blue Water Angels

Life Magnetics, Inc. has completed it’s seed funding round with $132,500 in seed funding from Blue Water Angels, located in Midland, Michigan.