Foresight Diagnostics Completes Series A Financing to Accelerate Development of its Industry-Leading Minimal Residual Disease (MRD) Technology
Summary
Foresight Diagnostics closed a $12.5 million Series A round led by Civilization Ventures and Bluebird Ventures with participation from Pear Ventures. The company will use the capital to move PhasED-Seq into the commercial phase and launch its first CLIA-validated assay for MRD-driven clinical trials in B-cell lymphomas. Its liquid biopsy platform uses next-generation sequencing to detect circulating tumor DNA with very high sensitivity and can identify relapse earlier than standard imaging. Foresight is also evaluating strategic partnerships and already has studies underway with clinical collaborators and pharmaceutical companies.
Funding
Amount
$12.5M
Total raised
Date
June 2, 2021
Announcement date
Investors
Civilization Ventures
Lead investors
Company
foresight-dx.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected