Tech Company Financing Transactions
PlaqueTec Funding Round
Private investors and Future Fund joined a $8 million funding round for PlaqueTec. The round was announced by the company on 5/1/2024.
Transaction Overview
Company Name
Announced On
5/1/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Lord Moynihan)
Proceeds Purpose
The company intends to use the funds to support its ongoing Biopattern trial, designed to improve understanding of CAD pathobiology and how it varies between individuals, and to build Biocarta®, its novel biomarker discovery tool.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Maia Building (B270), Babraham Research Campus
Cambridge, CB22 3AT
UK
Cambridge, CB22 3AT
UK
Phone
Undisclosed
Website
Email Address
Overview
PlaqueTec is identifying endotype-specific biomarkers to advance precision medicine for coronary artery disease (CAD). CAD, where atherosclerotic plaque build-up narrows or blocks the arteries that supply blood to the heart, is a leading cause of death globally. Current treatment approaches are one-size-fits-all and therefore ineffective for many patients. To address this, PlaqueTec has developed a proprietary technology and data analysis platform to endotype patients and uncover potential biomarkers of coronary vascular function and plaque progression.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Martin Stapleton
Chief Scientific Officer
Diane Proudfoot
General Manager
Simon Williams
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