How Much Did OncoDNA Raise?
Funding & Key Investors

OncoDNA, a prominent player in the precision medicine sector, has successfully secured a total capital infusion of $28.6M to accelerate its mission of revolutionizing oncology diagnostics. This trajectory of financial backing, which includes a recent strategic investment of $20M, underscores the market's confidence in the company's proprietary molecular profiling technology. By transitioning from its initial Series A round in 2016 to a more robust Series B position in 2020, the firm has demonstrated a consistent ability to attract institutional support for its complex diagnostic infrastructure.

The latest financing round serves as a critical milestone, enabling the organization to scale its operations and deepen its penetration into the global oncology market. With a focus on individualizing therapy decisions, the company is well-positioned to leverage this capital to enhance its data-driven insights, ultimately improving patient outcomes through highly targeted therapeutic interventions.

What is OncoDNA?

OncoDNA
Business ServicesResearch & DevelopmentHealthcare Services

Founded in 2012 and headquartered in Belgium, OncoDNA operates at the intersection of biotechnology and data analytics. The company specializes in comprehensive cancer molecular profiling, providing clinicians with the actionable intelligence required to tailor therapeutic strategies to the unique genetic makeup of a patient's tumor. By integrating genomic sequencing with advanced bioinformatics, OncoDNA has established itself as a vital partner for healthcare providers seeking to move beyond one-size-fits-all treatment protocols. Its market position is defined by its commitment to clinical excellence and its ability to translate complex molecular data into clear, evidence-based clinical recommendations.

How much funding has OncoDNA raised?

OncoDNA has raised a total of $28.6M across 2 funding rounds:

2016

Series A

$8.6M

2020

Series B

$20M

Series A (2016): $8.6M, investors not publicly disclosed

Series B (2020): $20M led by SRIW, Swisscanto Invest, Sofinim, Sambrinvest, Inventures, Vesalius Biocapital III, The SFPI-FPIM, and CPH Bank

Key Investors in OncoDNA

SRIW

Wallonie Entreprendre acts as the economic and financial engine for the Wallonia region, providing essential capital and expertise to foster sustainable growth in deep tech and healthcare sectors.

Sambrinvest

A specialized private financial partner based in Charleroi, Sambrinvest focuses on providing tailored financing solutions to SMEs, with a strong track record in supporting life sciences and high-impact projects.

The SFPI-FPIM

The federal holding and investment company of Belgium, SFPI-FPIM manages strategic state shareholdings and invests in companies that provide significant added value to the national economy.

What's next for OncoDNA?

Looking ahead, the strategic deployment of the $20M capital is expected to focus on the international expansion of the company's diagnostic platform and the further refinement of its proprietary analytical algorithms. As the healthcare industry shifts toward personalized medicine, OncoDNA is poised to capitalize on the increasing demand for high-fidelity molecular diagnostics. The company's roadmap likely includes strengthening its collaborative network with pharmaceutical partners and research institutions to broaden the scope of its profiling services. By maintaining its focus on innovation and clinical utility, OncoDNA is set to solidify its role as a cornerstone of modern oncology, driving the next generation of therapeutic decision-making tools.

See full OncoDNA company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesHuman Resources Management Systems (HRMS)
Advertising NetworksBusiness Services
Business ServicesProject ManagementHealthcare SoftwareSoftware
Business ServicesProject Management

Frequently Asked Questions Regarding OncoDNA Financial Insights

What are the most recent funding rounds that OncoDNA has completed, and what were the funding rounds?
OncoDNA has recently completed 2 funding rounds: Series B on Feb 14, 2020, Series A on Sep 1, 2016.
What is the total amount of funding OncoDNA has raised to date?
OncoDNA has raised a total of $28.6M in funding to date.
How many funding rounds has OncoDNA completed?
OncoDNA has completed 2 funding rounds.
How much funding did OncoDNA raise in its most recent funding round?
OncoDNA raised $20M in its most recent funding round.
Who are the lead investors in OncoDNA's latest funding round?
The lead investor in OncoDNA's latest funding round was SRIW. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OncoDNA's history?
The largest funding round in OncoDNA's history was $20M.
See more information about OncoDNA