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Home › Business, Policy & Funding › Business News › Cancer Detection Firm Micronoma Raises $3.5M

Cancer Detection Firm Micronoma Raises $3.5M

Feb 17, 2021
|
staff reporter

NEW YORK ─ Cancer detection firm Micronoma on Wednesday announced the closing of $3.5 million in convertible debt financing.

The San Diego-based developer of microbiome-based cancer detection technology said that the additional financing will enable it to complete a validation study on lung cancer prediction, set up CLIA operations, establish its go-to-market strategy utilizing its Oncobiota platform, and initiate work on a second cancer target.

Existing US-based investor SymBiosis and a new European-based investor Seerave Foundation contributed to the financing. 

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