Econic Biosciences

London, United Kingdom Founded: 2022 • Age: 4 yrs
Developer of a platform for the discovery and development of targeted therapies for cancer
Annual revenue - Latest available
Total funding $20.0M 3 rounds
Employees - Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Econic Biosciences

Econic Biosciences is a company based in London (United Kingdom) founded in 2022 by Richard Koche and Shaun Foy. Econic Biosciences has raised $19.97 million across 3 funding rounds. Econic Biosciences offers products and services including ecDNA Targeting Therapies. Econic Biosciences operates in a competitive market with competitors including Noetik, Function Oncology, Meliora Therapeutics, Transition Bio and Alixia, among others.

  • Headquarter London, United Kingdom
  • Founders Richard Koche, Shaun Foy
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Econic Biosciences Limited
  • Date of Incorporation 17 Dec, 2021
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.97 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.93 M (USD), Series B

    May 16, 2024

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Econic Biosciences

Econic Biosciences offers a comprehensive portfolio of products and services, including ecDNA Targeting Therapies.

Product name locked
Category locked
Primary

Develops drugs targeting extrachromosomal DNA for cancer therapy

People of Econic Biosciences

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Sunil Pancholi
Senior Manager, Scientific Operations
People
Kirsty Miller
Scientist
People
Steven Whittaker
Director, Head of Biology
People
Beth Pennycook, PhD
Senior Scientist

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Funding Insights of Econic Biosciences

Econic Biosciences has successfully raised a total of $19.97M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $4.93 million completed in May 2024. 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.

Investments & Acquisitions by Econic Biosciences

Investments
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Investment portfolio details for Econic Biosciences

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Financial Statements - Econic Biosciences

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Econic Biosciences Comparisons

Econic Biosciences Primary company
Description
Developer of a platform for the discovery and development of...
Location
London, United Kingdom
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Econic Biosciences

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Competitors of Econic Biosciences

Econic Biosciences 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 Noetik, Function Oncology, Meliora Therapeutics, Transition Bio and Alixia, among others.

Company Name Domain Founded year HQ Location Description
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Cancer immunotherapies are discovered and developed via AI platform.
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Cancer therapeutics are developed using a CRISPR-enabled platform.
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Machine learning-driven platform for oncology drug discovery is offered.
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Technology platform for biomolecular condensate analysis is developed.
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Cancer drug discovery platform is provided for tumor mutation targeting.
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Web-based solutions for genomic testing and sequencing access are provided.
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Detailed competitors of Econic Biosciences

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Latest news on Econic Biosciences

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Complete news archive for Econic Biosciences

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Frequently Asked Questions about Econic Biosciences

Econic Biosciences was founded in 2022.

Econic Biosciences is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Econic Biosciences is a funded company, having raised a total of $19.97M across 3 funding rounds to date.

Econic Biosciences was founded in 2022 in London, United Kingdom, within the biotechnology sector. A platform is developed for the discovery and development of targeted cancer therapies. AI is employed to identify and characterize ecDNA, a mediator of oncogenic gene amplification and driver of tumor evolution. Development of therapies specifically targeting ecDNA is enabled to address needs of cancer patients.

Econic Biosciences's top competitors include Noetik, Transition Bio and Function Oncology.

Econic Biosciences offers ecDNA Targeting Therapies.

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