How Much Did Macomics Raise?
Funding & Key Investors

Macomics, a biotechnology firm focused on precision medicines for cancer treatment, has secured $5.9M in total capital. The company recently announced a significant strategic investment of $5.9M, marking a pivotal moment in its development. This latest financing round underscores the growing investor confidence in Macomics' innovative approach to modulating macrophages for therapeutic benefit.

What is Macomics?

Macomics
Business ServicesResearch & Development

Founded in 2019 and based at the University of Edinburgh, Macomics is dedicated to developing novel therapies that precisely target macrophages, particularly tumor-associated macrophages (TAMs), for the treatment of cancer. The company leverages its deep expertise in macrophage biology and a proprietary target discovery platform to identify and validate new therapeutic targets. Macomics is progressing a diversified portfolio of antibody programs aimed at clinical advancement, with a strategic focus on enhancing the efficacy of cancer treatments by manipulating the tumor microenvironment.

How much funding has Macomics raised?

Macomics has raised a total of $5.9M across 1 funding round:

2021

Unspecified

$5.9M

Unspecified (2021): $5.9M with participation from Scottish Enterprise, Epidarex Capital, and Caribou Property Limited

Key Investors in Macomics

Scottish Enterprise

Scottish Enterprise is a national economic development agency based in the United Kingdom, focused on fostering business growth and innovation across Scotland.

Epidarex Capital

Epidarex Capital is a transatlantic venture capital firm specializing in early-stage life science companies, known for its deep scientific expertise and strategic partnerships with founders.

Caribou Property Limited

Caribou Property Limited is an entity participating in the funding round, with specific investment focus details not publicly disclosed.

What's next for Macomics?

The recent major strategic investment, alongside the planned Series A financing, is poised to accelerate Macomics' progress. The capital infusion will be instrumental in advancing its antibody programs towards clinical trials, expanding its pipeline of precision medicines, and further enhancing its cutting-edge target discovery technology. This strategic backing positions Macomics to solidify its standing in the competitive oncology landscape and bring its innovative macrophage-modulating therapies to patients.

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Frequently Asked Questions Regarding Macomics Financial Insights

What are the most recent funding rounds that Macomics has completed, and what were the funding rounds?
Macomics has recently completed 1 funding rounds: Unspecified on Jul 29, 2021.
What is the total amount of funding Macomics has raised to date?
Macomics has raised a total of $5.9M in funding to date.
How many funding rounds has Macomics completed?
Macomics has completed 1 funding rounds.
How much funding did Macomics raise in its most recent funding round?
Macomics raised $5.9M in its most recent funding round.
Who are the lead investors in Macomics's latest funding round?
The lead investor in Macomics's latest funding round was Scottish Enterprise. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Macomics's history?
The largest funding round in Macomics's history was $5.9M.
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