Tech Company Financing Transactions
AOA Dx Funding Round
On 10/12/2023, AOA Dx raised $17 million in funding from Good Growth Capital, Adaptive Capital Partners and Astia Angel.
Transaction Overview
Company Name
Announced On
10/12/2023
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to open new lab facilities, expand their ovarian cancer prospective clinical trial (OVERT) and develop the GlycoLocate� platform into various new cancer areas.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
AOA Dx Inc is a biotech company focused on early-stage cancer detection. AOA partnered with a leading oncology researcher at McGill University to develop the first early-stage ovarian cancer liquid biopsy diagnostic test. The co-founders have worked together for the last decade at two previous startups in the women's health space, both resulting in successful exits upon commercialization. Ovarian cancer is the deadliest gynecological disease because there is no accurate testing method and its symptoms are continuously mistaken for benign conditions, making it incredibly difficult to diagnose the disease in the early stages. Early diagnosis will reduce patient mortality and deliver cost savings to payers.
Management Team
Title
Name
Email & Social
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