Goddard Labs is a biotechnology research and development company founded in 2011. The company specialized in designing novel molecular diagnostics and their support products for agricultural and environmental testing. In response to the prevalence of foodborne outbreaks, Goddard Labs aims to shift from response to prevention. Despite technological advancements in the food safety industry, foodborne diseases continue to affect a significant portion of the American population, causing illness in 1 in 6 Americans annually and resulting in 128,000 hospitalizations, 3,000 deaths, and over $100 billion in economic loss.
The Food Safety and Modernization Act, as well as the Produce Safety Rules under discussion at the FDA, highlight the growing concerns in the industry. Positioned to address this, Goddard Labs has developed HARVEST, an easy-to-use, hand-held, sample preparation technology that enables producers and distributors to transition to faster and improved testing practices.
The last investment in Goddard Labs was a $100.00K Debt Financing investment made on 09 July 2014, with Accelerate Long Island as the investor.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $100.00K | 1 |
|
09 Jul 2014 |
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