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Leuko Raises $5 Million Series A To Validate And Bring To Market Its Noninvasive White Blood Cell Monitoring Technology For Cancer Patients

PRIVATESep 23, 2022

Amount Raised

$5 Million

Round Type

Series A

BostonBiotechnologyHealth CareArtificial IntelligenceMedical

Description

Leuko, an MIT startup developing PointCheckTM, the first solution that enables at-home noninvasive white blood cell (WBC) monitoring, today announced a first closing of $5 million for their Series A round. The new funding, from HTH VC, Good Growth Capital, IAG Capital Partners, Nina Capital, and angel investors, will accelerate Leuko’s clinical trials to obtain regulatory approval in collaboration with leading cancer centers, including Boston Medical Center and MD Anderson in the USA, and Dexeus and Hospital 12 de Octubre in Europe. Leuko will also continue to pursue its go-to-market and partnership activities with healthcare providers, medical device distributors and pharmaceutical companies.

Quick answer

Leuko raised $5 Million in a Series A round, dated September 23, 2022. Leuko is based in Boston, Massachusetts, United States.

How much did Leuko raise?
Leuko raised $5 Million in a Series A round on September 23, 2022.
What does Leuko do?
Leuko is developing the first non-invasive white blood cell device.
Where is Leuko based and how big is it?
Leuko is based in Boston, Massachusetts, United States.

Source: Fundz verified event record.

Who else raised in Medical and Biotechnology around the same time

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

  • Carta Healthcare raised $20M (Series B) on November 2, 2022.
  • Optellum raised $14M (Series A) on September 27, 2022.
  • Incepto raised $27M (Funding Round) on September 19, 2022.
  • FathomX raised an undisclosed amount (Pre-Series A) on September 1, 2022.
  • Avenda Health, Inc. raised $10M (Series B) on August 25, 2022.
  • Adastra raised an undisclosed amount on August 22, 2022.

Who to call at Leuko, and when

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Company Information

Company

Leuko

Location

Calle De Irún

Boston, Massachusetts, United States

About

Leuko is developing the first non-invasive white blood cell device. White blood cell assessment is a first-line indicator for various medically-relevant situations, ranging from chemotherapy management to the detection of life threatening infections worldwide. This test is currently invasive and not readily accessible - it requires patient travel, blood draws and laboratory infrastructure. Based on MIT research, Leuko is re-imagining the way to perform these tests without extracting blood and in a portable device.

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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

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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