From WIRED · Christopher Hooks · · 1m 20s
Billy Evans and Haemanthus
Billy Evans, Elizabeth Holmes' husband, builds Haemanthus, a company claiming to be Theranos 2.0 with laser-based blood testing.
In brief
Billy Evans, Elizabeth Holmes' husband, builds Haemanthus, a company claiming to be Theranos 2.0 with laser-based blood testing. Billy Evans founded Haemanthus, a company using Raman spectroscopy for home blood testing, to avoid Theranos' legacy. Originally reported by WIRED.
Billy Evans' background
Billy Evans grew up in San Diego with generational wealth from his grandparents' hotel business.
Evans and Holmes' relationship
Evans met Elizabeth Holmes at a 2017 Fleet Week charity event and was captivated by her.
Haemanthus company
Evans founded Haemanthus in 2022, claiming it is not Theranos 2.0 with home blood testing.
Haemanthus technology
Haemanthus uses Raman spectroscopy with lasers to analyze blood samples, a patent granted January 21, 2025.
Raman spectroscopy
Raman spectroscopy measures molecular vibrations by shining light on samples, a technique discovered by C. V. Raman in 1928.
Expert opinion
UC Irvine professor Eric Potma says Haemanthus has legitimate engineers pushing Raman detection technology forward.
Funding and challenges
Haemanthus raised $3.5 million from friends and family and aims for $20 million in funding by 2025.
Regulatory status
Haemanthus claims no regulatory oversight for veterinary diagnostics but faces USDA oversight.
Stealth mode
Haemanthus operates in stealth mode with private home addresses in Austin, Texas.
Future plans
Haemanthus aims to create a stamp-size wearable device in three years with $70 million investment.
The short version
Billy Evans founded Haemanthus, a company using Raman spectroscopy for home blood testing, to avoid Theranos' legacy.
