Tech Company Financing Transactions
Orakl Oncology Funding Round
Speedinvest, HCVC and Verve Ventures participated in a $3.2 million capital raise for Orakl Oncology. This venture round was announced on 10/4/2023.
Transaction Overview
Company Name
Announced On
10/4/2023
Transaction Type
Venture Equity
Amount
$3,170,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to launch its wet and dry lab capabilities and to hire several key team members, including a Senior Oncology Scientist, Organoid Scientists, a Head of Lab, an Automation Engineer and an AI Research Scientist. This will enable Orakl Oncology to execute its first contracts with pharma and biotech partners.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
39 rue Camille Desmoulins
Villejuif, 94800
FR
Villejuif, 94800
FR
Phone
Undisclosed
Website
Email Address
Overview
We are on a mission to accelerate drug discovery in oncology. The Orakl Oncology techbio platform partners with the oncology industry to meet the challenge of personalized medicine. The future of cancer treatment and drug development relies on recognizing that each tumor is different. Partnering with Gustave Roussy, the world's 3rd best cancer center, Orakl Oncology enables the emergence of rare oncology by connecting patient tumors to the drug discovery industry. Orakl Oncology leverages tumor avatars that combine best-in-class biology with deep patient data, at scale. Our techbio platform partners with oncology players to identify relevant targets and deliver better drugs, faster.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fanny Jaulin
Chief Operating Officer
Diane Pagès
Chief Technical Officer
Gustave Ronteix
Browse more venture capital transactions:
Prev: 10/4/2023: Rainforest Pay venture capital transaction
Next: 10/4/2023: Cortica venture capital transaction
Share this article
Where The Data Comes From
We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs