Tech Company Financing Transactions

Mercy BioAnalytics Funding Round

Novalis LifeSciences, American Cancer Society and BrightEdge participated in a $41 million Series A funding round for Mercy BioAnalytics. The financing round was announced on 4/3/2023.

Transaction Overview

Company Name
Announced On
4/3/2023
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to advance development and commercialization of its search Halo test, for high-risk lung cancer screening, its lead clinical indication, and to advance clinical programs in additional indications, including ovarian cancer.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
22 Strathmore Road 415
Natick, MA 01760
USA
Phone
Undisclosed
Email Address
Overview
Mercy BioAnalytics is on a mission to save lives and relieve suffering across the globe through the early detection of cancer. We have developed a novel liquid biopsy assay platform which interrogates tumor-derived extracellular vesicles, which are abundant in blood and carry information about their cell of origin, enabling detection of cancer even in at the earliest stages.
Profile
Mercy BioAnalytics LinkedIn Company Profile
Social Media
Mercy BioAnalytics Company Twitter Account
Company News
Mercy BioAnalytics News
Facebook
Mercy BioAnalytics on Facebook
YouTube
Mercy BioAnalytics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dawn Mattoon
  Dawn Mattoon LinkedIn Profile  Dawn Mattoon Twitter Account  Dawn Mattoon News  Dawn Mattoon on Facebook


 

 

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We do our best to report on tech company VC transactions. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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