How Much Did Abcodia Raise?
Funding & Key Investors

Abcodia has successfully secured a major strategic investment, marking a significant milestone in its mission to revolutionize ovarian cancer diagnostics. This latest capital injection of $8.2M underscores the market confidence in the company's proprietary technology. With a cumulative total funding amount reaching $8.2M, the firm is well-positioned to accelerate its clinical reach and expand the availability of its diagnostic solutions.

The recent financing round highlights the growing importance of precision medicine in oncology. By leveraging this influx of capital, Abcodia aims to solidify its market position and enhance the accessibility of its flagship diagnostic tools for high-risk populations.

What is Abcodia?

Abcodia
Healthcare ServicesMedical Laboratories & Imaging Centers

Abcodia is a pioneering healthtech enterprise focused on the development and commercialization of advanced diagnostic tests for ovarian cancer. Its core offering, the ROCA Test, provides a critical surveillance mechanism for women over 35 who carry BRCA1 or BRCA2 gene mutations. By assessing risk profiles through blood-based biomarkers, the company offers a vital alternative for patients seeking to manage their genetic predisposition while delaying invasive preventative surgeries. Currently integrated into specific NHS pathways and private clinical networks, Abcodia serves as a bridge between academic research and practical clinical application, addressing a significant unmet need in women's health and preventative oncology.

How much funding has Abcodia raised?

Abcodia has raised a total of $8.2M across 1 funding round:

2015

Unspecified

$8.2M

Unspecified (2015): $8.2M with participation from Cambridge Innovation Capital, UCL Business PLC, Albion Ventures, and Scottish Equity Partners

Key Investors in Abcodia

Cambridge Innovation Capital

Cambridge Innovation Capital is a venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem.

UCL Business PLC

UCLB is the commercialisation company of University College London, dedicated to bringing world-leading technologies and innovations to market.

Albion Ventures

AlbionVC is the technology investment arm of Albion Capital Group LLP, managing approximately 1 billion in venture funds and supporting visionary founders with long-term capital and scale-up expertise.

What's next for Abcodia?

Looking ahead, Abcodia is poised to leverage its recent capital infusion to scale its operational footprint and deepen its integration within the healthcare ecosystem. The strategic focus will likely center on expanding the clinical adoption of the ROCA Test, potentially moving beyond current regional limitations to broader national and international markets. As the company transitions into a more mature growth phase, the emphasis will remain on rigorous clinical validation and the cultivation of strategic partnerships with healthcare providers. By maintaining its commitment to high-quality diagnostic surveillance, Abcodia is set to play a pivotal role in the future of personalized cancer risk management, ensuring that high-risk patients receive timely and actionable insights.

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Frequently Asked Questions Regarding Abcodia Financial Insights

What are the most recent funding rounds that Abcodia has completed, and what were the funding rounds?
Abcodia has recently completed 1 funding rounds: Unspecified on May 17, 2015.
What is the total amount of funding Abcodia has raised to date?
Abcodia has raised a total of $8.2M in funding to date.
How many funding rounds has Abcodia completed?
Abcodia has completed 1 funding rounds.
How much funding did Abcodia raise in its most recent funding round?
Abcodia raised $8.2M in its most recent funding round.
Who are the lead investors in Abcodia's latest funding round?
The lead investor in Abcodia's latest funding round was Cambridge Innovation Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Abcodia's history?
The largest funding round in Abcodia's history was $8.2M.
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