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Cumulus Oncology Ltd. raised $50M in a series A funding round to develop novel drug targets for clinical use.

PRIVATESep 03, 2024

Amount Raised

$50 Million

Round Type

Series A

EdinburghBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Description

Cumulus Oncology Ltd. is in the process of raising a $50 million series A round aimed at sourcing and developing new drug targets from academia. This funding will support their ongoing efforts in clinical development and startup creation.

Quick answer

Cumulus Oncology raised $50 Million in a Series A round, dated September 3, 2024. Cumulus Oncology is based in Edinburgh, Scotland, United Kingdom.

How much did Cumulus Oncology raise?
Cumulus Oncology raised $50 Million in a Series A round on September 3, 2024.
What does Cumulus Oncology do?
Cumulus Oncology Ltd. is a biopharmaceutical company focused on sourcing novel drug targets emerging from academia and developing them for clinical use.
Where is Cumulus Oncology based and how big is it?
Cumulus Oncology is based in Edinburgh, Scotland, United Kingdom. Fundz records about 28 employees.
Who are the decision-makers at Cumulus Oncology?
Fundz holds 1 contact at Cumulus Oncology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at Cumulus Oncology, and when

A new round usually means Cumulus Oncology is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cumulus Oncology

Location

Edinburgh, Scotland, United Kingdom

About

Cumulus Oncology Ltd. is a biopharmaceutical company focused on sourcing novel drug targets emerging from academia and developing them for clinical use. The company specializes in creating startups from its discoveries. Cumulus is currently raising funds to support its growth and development initiatives. Their work is centered around cancer treatment advancements.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Cumulus Oncology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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.