Tech Company Financing Transactions
Mercy BioAnalytics Funding Round
Mercy BioAnalytics, based in Natick, secured $59 million from Novalis Biotech, Sozo Ventures and BrightEdge.
Transaction Overview
Company Name
Announced On
9/3/2025
Transaction Type
Venture Equity
Amount
$59,000,000
Round
Series B
Investors
Novalis Biotech (Lead Investor)
Sozo Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support the commercialization of its blood-based ovarian cancer test portfolio, designed to detect ovarian cancer at earlier, more treatable stages across multiple indications.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
22 Strathmore Road 415
Natick, MA 01760
USA
Natick, MA 01760
USA
Phone
Undisclosed
Website
Email Address
Overview
Mercy BioAnalytics is on a mission to save lives and relieve suffering across the globe through the early detection of cancer. We have developed a novel liquid biopsy assay platform which interrogates tumor-derived extracellular vesicles, which are abundant in blood and carry information about their cell of origin, enabling detection of cancer even in at the earliest stages.
Management Team
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