Predicta Biosciences raised $5.2M in a seed round led by The Engine Ventures to transform the diagnosis, treatment and monitoring of blood cancers.
Jul 16, 2024•over 1 year ago
Amount Raised
$5.2 Million
Round Type
seed
Investors
Oetgen FamilyAmerican Cancer Society Bright EdgeTime Boost CapitalIllumina VenturesThe Engine Ventures
Description
Predicta Biosciences, a precision oncology company, announced an oversubscribed $5.2 million seed round led by The Engine Ventures, with additional participation from Illumina Ventures, Time Boost Capital, the American Cancer Society Bright Edge, and the Oetgen family. The company will use the seed funding to expand its team, and build a CLIA lab and workflow for sequencing and bioinformatics.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers