Tech Company Financing Transactions

GenoME Funding Round

GenoME, based in Northern Ireland, secured $1.7 million in funding from Co-FundNI, Deepbridge Capital and Innovate UK.

Transaction Overview

Company Name
Announced On
3/3/2023
Transaction Type
Venture Equity
Amount
$1,680,000
Round
Series A
Proceeds Purpose
The pre-Series A capital will help the company further develop its OvaME product, which improves on the status quo of CA125 blood tests that have been shown to provide less than accurate ovarian cancer test results, by measuring levels of patented DNA methylation markers in a blood sample, incorporating the high sensitivity of droplet digital PCR. Additionally, the startup plans to file for EU regulatory approval and expand its regulatory approach to the UK and North America.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
97 Lisburn Road Belfast
Northern Ireland, BT9 7AY
UK
Email Address
Overview
GenoME Diagnostics Ltd is a spin-out of Queen's University Belfast. GenoME Diagnostics was founded as a result of a decade of scientific research at the prestigious Patrick G Johnston Centre for Cancer Research. We are currently developing our lead product -- OvaME, a blood test for earlier and more accurate diagnosis of ovarian cancer. Our mission is to improve the ovarian cancer diagnostic pathway. Our pipeline utilises cutting-edge technology to provide user-friendly and cost-effective diagnostics. It can be applied to biomarker discovery and development in a wide range of diseases and applications.
Profile
GenoME LinkedIn Company Profile
Social Media
GenoME Company Twitter Account
Company News
GenoME News
Facebook
GenoME on Facebook
YouTube
GenoME on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matt Henry
  Matt Henry LinkedIn Profile  Matt Henry Twitter Account  Matt Henry News  Matt Henry on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/3/2023: RAMP venture capital transaction
Next: 3/3/2023: Caracol venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document all VC transactions involving tech companies. All VC database entries on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary