Chronix Biomedical

San Jose, United States Founded: 1997 • Age: 29 yrs Acquired By OncoCyte
Non-invasive diagnostics for cancer detection are developed through blood-based tests.
Annual revenue - Latest available
Total funding $21.6M 9 rounds
Employees 2 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Chronix Biomedical

Chronix Biomedical is a company based in San Jose (United States) founded in 1997 was acquired by OncoCyte in February 2021. Chronix Biomedical has raised $21.59 million across 9 funding rounds from investors including OncoCyte, Limitless Earth and Pentagram. The company has 2 employees as of December 31, 2022. Chronix Biomedical operates in a competitive market with competitors including Guardant Health, GRAIL, Color, Thrive Earlier Detection and Delfi Diagnostics, among others.

  • Headquarter San Jose, United States
  • Employees 2 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Chronix Biomedical Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.59 M (USD)

    in 9 rounds

  • Latest Funding Round
    $100 K (USD), Series E

    Sep 20, 2019

  • Investors
    OncoCyte

    & 3 more

  • Employee Count
    2

    as on Dec 31, 2022

  • Acquired by
    OncoCyte

    (Feb 02, 2021)

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People of Chronix Biomedical

Headcount 50-200
Employee Profiles 24
Board Members and Advisors 4
Employee Profiles
People
Josh Riggs
President & CEO
People
Ekkehard Schütz
Chief Science Officer
People
Yuh-Min Chiang
SVP, R&D & Product Development
People
Yaning Li
Senior Scientist, Mt(ascp)

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Funding Insights of Chronix Biomedical

Chronix Biomedical has successfully raised a total of $21.59M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $100 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Chronix Biomedical

Chronix Biomedical has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OncoCyte, Limitless Earth and Pentagram.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology companies are invested in by the private equity firm.
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Venture capital funding is provided to innovative technology startups.
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Brand design services are provided globally by Pentagram.
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Investor details for Chronix Biomedical

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Investments & Acquisitions by Chronix Biomedical

Investments
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Financial Statements - Chronix Biomedical

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Detailed financials for Chronix Biomedical

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Chronix Biomedical Comparisons

Chronix Biomedical Primary company
Description
Non-invasive diagnostics for cancer detection are developed ...
Location
San Jose, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2022
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Peer comparison for Chronix Biomedical

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Competitors of Chronix Biomedical

Chronix Biomedical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guardant Health, GRAIL, Color, Thrive Earlier Detection and Delfi Diagnostics, among others.

Company Name Domain Founded year HQ Location Description
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Digital sequencing technology for cancer detection is developed.
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Circulating tumor DNA is screened for early cancer detection.
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Cancer care is delivered through a virtual clinic by Color.
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Blood-based liquid biopsy tests for multiple cancer detection are provided.
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Provider of DNA sequencing for cancer detection
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Provider of cell-free cancer liquid biopsy test
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Detailed competitors of Chronix Biomedical

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Latest news on Chronix Biomedical

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Frequently Asked Questions about Chronix Biomedical

Chronix Biomedical was founded in 1997 and raised its 1st funding round 11 years after it was founded.

Chronix Biomedical is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Chronix Biomedical is a funded company, having raised a total of $21.59M across 9 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Chronix Biomedical is 2.

Chronix Biomedical was founded in 1997 in San Jose, United States, within the biomedical sector. Focus is placed on non-invasive diagnostics for cancer, including the Second Opinion blood test used alongside PSA screening to minimize false positives in prostate cancer cases. Development also includes a biomarker test for detecting minimal residual disease following chemotherapy treatments. Operations center on advancing these diagnostic tools for clinical use.

Chronix Biomedical's top competitors include Guardant Health, GRAIL and BillionToOne.

Chronix Biomedical has 4 investors. Key investors include OncoCyte, Limitless Earth, Pentagram, and PrairieGold Venture Partners.

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