How Much Did InoCardia Raise?
Funding & Key Investors

InoCardia, a company focused on advancing predictive cardiac contractility for early drug discovery, has secured significant capital, with its total funding reaching $452K. The company recently announced a major strategic investment, underscoring its progress in developing innovative cardiac contractility data solutions, including its Work Loop model. This latest financing round, amounting to $452K, is poised to accelerate InoCardia's growth and market penetration.

What is InoCardia?

InoCardia
Business ServicesResearch & Development

InoCardia is dedicated to providing superior, predictive cardiac contractility data for early drug discovery. The organization utilizes a unique approach by manipulating pre- and after-load to directly measure microscopic changes in myocyte contraction force. This methodology yields a comprehensive suite of cardiac contractility data from a single myocyte, notably including the Work Loop model. The company has successfully completed a 3-year NC3R/InnovateUK project aimed at miniaturizing its Work Loop platform, a development that has paved the way for its groundbreaking cardiac contractome AI concept, supported by EIT Digital.

How much funding has InoCardia raised?

InoCardia has raised a total of $452K across 1 funding round:

2015

Private Equity

$452K

Private Equity (2015): $452K with participation from Mercia Fund Management

Key Investors in InoCardia

Mercia Fund Management

Mercia Fund Management is a UK-based entity operating within the Venture Capital & Private Equity industry, known for its investments in innovative companies.

What's next for InoCardia?

With the recent influx of capital, InoCardia is strategically positioned for its next phase of expansion. The large-scale, late-stage funding suggests a focus on scaling operations, enhancing its AI-driven cardiac contractome platform, and potentially broadening its market reach within the pharmaceutical and biotechnology sectors. This investment will likely fuel further research and development, solidifying InoCardia's role as a key player in improving the efficiency and accuracy of early-stage drug discovery through advanced cardiac contractility analysis.

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Frequently Asked Questions Regarding InoCardia Financial Insights

What are the most recent funding rounds that InoCardia has completed, and what were the funding rounds?
InoCardia has recently completed 1 funding rounds: Private Equity on Nov 9, 2015.
What is the total amount of funding InoCardia has raised to date?
InoCardia has raised a total of $452K in funding to date.
How many funding rounds has InoCardia completed?
InoCardia has completed 1 funding rounds.
How much funding did InoCardia raise in its most recent funding round?
InoCardia raised $452K in its most recent funding round.
Who are the lead investors in InoCardia's latest funding round?
The lead investor in InoCardia's latest funding round was Mercia Fund Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in InoCardia's history?
The largest funding round in InoCardia's history was $452K.
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