How Much Did Macomics Raise?
Funding & Key Investors

Macomics, a biotechnology firm specializing in precision medicines, has secured significant enterprise-level funding, with its total funding reaching $5.9M. The company recently announced a major strategic investment of $5.9M, underscoring its advanced stage of development and market potential in the competitive biopharmaceutical landscape. This latest capital infusion is poised to accelerate Macomics' progress in bringing its innovative therapies to patients.

What is Macomics?

Macomics
Business ServicesResearch & Development

Founded in 2019 and based in Edinburgh, United Kingdom, Macomics is at the forefront of developing precision medicines designed to modulate macrophages for cancer treatment. Leveraging the expertise of internationally recognized leaders in macrophage biology from the University of Edinburgh, the company is advancing a diversified portfolio of therapies. These therapies target disease-specific tumor-associated macrophages (TAMs) with the goal of moving them towards clinical application. Macomics' proprietary target discovery platform is built upon a deep understanding of macrophage biology, enabling the identification and validation of novel therapeutic targets.

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 Caribou Property Limited, Scottish Enterprise, and Epidarex Capital

Key Investors in Macomics

Scottish Enterprise

Founded in 1991, Scottish Enterprise is headquartered in Glasgow, United Kingdom. They are a national economic development agency and a non-departmental public body of the Scottish Government.

Epidarex Capital

Epidarex is a transatlantic venture capital firm focused on building breakthrough life science companies in emerging hubs. Their portfolio includes innovative biopharmaceutical companies developing precision medicines for various health conditions.

Caribou Property Limited

Undisclosed investor participating in the funding round.

What's next for Macomics?

With the recent major strategic investment and planned Series A financing, Macomics is well-positioned to accelerate the progression of its antibody programs toward clinical trials. The company intends to expand its therapeutic portfolio and further invest in its cutting-edge target discovery technology. This strategic capital allocation signals a strong commitment to advancing its pipeline and solidifying its position as a key player in the precision medicine sector, particularly in oncology.

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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 Caribou Property Limited. 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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