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Adela Announces $48 Million In Financing And Leadership Addition To Advance Tissue-Agnostic Minimal Residual Disease (Mrd) Monitoring Product Portfolio Based On Genome-Wide Methylome Approach

PRIVATESep 25, 2023

Amount Raised

$48 Million

Round Type

Funding Round

Foster CityBiotechnology

Investors

RA Capital ManagementLabcorpDecheng CapitalDeerfield ManagementOrbi MedF Prime Capital

Description

Adela, Inc., an innovator in blood testing for minimal residual disease monitoring and early cancer detection through a genome-wide methylome approach, announced today the closing of $48 million in financing. In addition, the company announced that Lisa Alderson will join Adela as interim Chief Executive Officer (CEO), succeeding Dr. Scott Bratman. Dr

Quick answer

Adela raised $48 Million in a Funding Round round, dated September 25, 2023. Investors: RA Capital Management, Labcorp, Decheng Capital, Deerfield Management, Orbi Med and F Prime Capital. Adela is based in Foster City, California, United States.

How much did Adela raise?
Adela raised $48 Million in a Funding Round round on September 25, 2023.
Who invested in Adela?
RA Capital Management, Labcorp, Decheng Capital, Deerfield Management, Orbi Med and F Prime Capital are named as investors in this round.
What does Adela do?
Adela’s mission is to develop innovative and accessible technologies that harness biology and change the way we diagnose and treat disease. ‍ Adela’s genome-wide methylation enrichment technology was originally..
Where is Adela based and how big is it?
Adela is based in Foster City, California, United States. Fundz records about 27 employees.
Who are the decision-makers at Adela?
Fundz holds 2 contacts at Adela, including the Co-founder and Chief Medical Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Adela that raised within 45 days of this round, from Fundz verified event records.

  • Trailhead Biosystems raised $3M on November 9, 2023.
  • Nūmi (ex-MUMilk) raised $3.2M (Seed) on November 9, 2023.
  • Vivalink raised an undisclosed amount (Funding Round) on November 9, 2023.
  • SURGLASSES raised $6.5M (Funding Round) on November 9, 2023.
  • Cromatic raised $5.3M (Seed) on November 9, 2023.
  • Eikonoklastes Therapeutics raised $2M on November 9, 2023.

Who to call at Adela, and when

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Company Information

Company

Adela

Location

353 HATCH DRIVE

Foster City, California, United States

About

Adela’s mission is to develop innovative and accessible technologies that harness biology and change the way we diagnose and treat disease. ‍ Adela’s genome-wide methylation enrichment technology was originally developed by Chief Scientific Officer Dr. Daniel De Carvalho, PhD, at University Health Network’s Princess Margaret Cancer Centre. ‍ Adela is initially planning to develop the technology for use across the entire cancer continuum—for detection, diagnosis and management of disease.

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Related People

2 contacts
Verified contactsAnne-Renee, Co-founder and Chief Medical Officer hidden hiddenSee plans and pricing
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.