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Oncobit secures CHF 1.47M in Pre-Series A Round to advance precision cancer solutions

22.11.2024 09:35, Rita Longobardi

Swiss-based precision medicine company Oncobit has raised CHF 1.47 million in its Pre-Series A financing round. The funds will support the company's product development initiatives and growth strategy, strengthening its focus on delivering advanced solutions in cancer care.

Venturelab alumnus Oncobit, a Swiss company specializing in cancer precision medicine, has announced the completion of a Pre-Series A financing round, securing CHF 1.47 million. The round saw participation from existing and new investors, reflecting confidence in Oncobit's approach and growth potential in the advancing field of liquid biopsy-based cancer monitoring.

The funds will be used to advance clinical melanoma research, expand Oncobit's monitoring platform to include colorectal cancer, and pursue new partnerships and market opportunities, including entry into the US. This investment equips the company to sustain its growth and strengthen its position in the cancer monitoring sector.

Oncobit participated in Venture Leaders Medtech and won the final stage of Venture Kick in 2022.

Oncobit AG: Enabling personalised cancer care

Oncobit is a spinoff from the University Hospital of Zurich and has developed a scalable and data-driven cancer monitoring platform based on the quantitative and sensitive detection of cancer markers ... Read more