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CORE Biomedicine secures $21 million Series A financing co-led by UTokyo Innovation Platform and Elikon Venture to advance novel cancer therapies.

PRIVATEJul 28, 20261 day ago

Amount Raised

$21 Million

Round Type

Series A

BiotechnologyHealth CareTherapeutics

Investors

Root Venture PartnersVision Incubate Co., Ltd.Yuan Bio Venture CapitalCd CapitalSuzhou Capital Group Co., Ltd.Mitsubishi Ufj Capital Co., Ltd.Inno Pinnacle FundElikon VentureU Tokyo Innovation Platform Co., Ltd.

Description

CORE Biomedicine has completed a $21 million Series A financing aimed at accelerating the development of lineage-based oncology therapies. This financing round was co-led by UTokyo Innovation Platform Co., Ltd. and Elikon Venture, with participation from several other investors. The funding will enable CORE to enhance its research and early clinical development efforts

Company Information

Company

CORE Biomedicine

About

CORE Biomedicine is a biotechnology company pioneering lineage-based precision oncology therapeutics. Founded by former leaders of H3 Biomedicine, the company develops next-generation precision medicines that target core biological pathways defining cancer cell identity. This approach enables the discovery of first- and best-in-class therapies to benefit broader patient populations. CORE is focused on accelerating the development of novel oncology therapies for patients worldwide.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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