About Lightcast Discovery
Lightcast Discovery is a Healthcare company based in Cambridge (United Kingdom) founded in 2019 by Cameron Frayling. Advanced single-cell analysis solutions are provided for biotechnology research. Lightcast Discovery has raised $107.09 million across 7 funding rounds from investors including Arch Venture Partners, M-Ventures and Illumina Ventures. The company has 25 employees. Lightcast Discovery offers products and services including Lightcast Discovery and Luminary Programme. Its focus areas include Biopharma Outsourcing, CRO, Diversified and Bioanalytical Services. Its legal entity is LIGHTCAST DISCOVERY LTD.
Company details
Lightcast Discovery was founded in 2019 by Cameron Frayling in Cambridge, United Kingdom. Operations focus on the biotechnology sector, where single-cell analysis solutions are developed and supplied to support research and discovery processes. Services encompass tools for detailed cellular profiling, enabling applications in drug development and biological studies. The company maintains its base in the UK, serving global scientific communities through its domain lightcast.bio.
- Headquarters Cambridge, United Kingdom
- Employees 25
- Founders Cameron Frayling
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website lightcast.bio
- Social LinkedIn Instagram
- Legal Name Lightcast Discovery Ltd
- Date of Incorporation 15 Feb, 2019
- Jurisdiction CAMBRIDGE, CAMBS, UNITED KINGDOM
- Total Equity Funding$107.09M (USD)
in 7 rounds
- InvestorsArch Venture Partners
& 5 more
- Employee Count25
Products & Services of Lightcast Discovery
Lightcast Discovery offers a comprehensive portfolio of products and services, including Lightcast Discovery and Luminary Programme.
Enables interrogation of single-cell interactions for research applications.
Provides early access to single-cell analysis tools for partners.
Funding Insights of Lightcast Discovery
Lightcast Discovery has successfully raised a total of $107.09M across 7 strategic funding rounds. 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.
- Total Funding $107.09M
- Total Rounds 7
- First Round $1.63M
(Jun 2019)
- Investors Count 6
All 7 funding rounds of Lightcast Discovery with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $27M | Series B | – | Arch Venture Partners | M Ventures,Illumina Ventures |
| Aug 2023 | $49M | Series B | – | M Ventures | |
| Dec 2022 | $25.1M | Series B | – | – | – |
| Mar 2022 | $14.23M | Series A | – | – | – |
| Mar 2021 | $16.33M | Series A | – | – | – |
| Jun 2020 | $800,950 | Seed | – | – | – |
| Jun 2019 | $1.63M | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in Lightcast Discovery
Lightcast Discovery has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Arch Venture Partners, M-Ventures and Illumina Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | m-ventures.com | Amsterdam, Netherlands | ||
Venture capital firm focused on life science companies | 1986 | archventure.com | Chicago, United States | |
Health tech startups are invested in by Illumina Ventures. | illuminaventures.com | Foster City, United States | ||
Venture capital investments are made in transformative biotech companies by OMX Ventures. | omx.vc | Lincolnshire, USA | ||
Tech startups are invested in by this venture capital firm. | nd.capital | Woodside, United States | ||
Early-stage deeptech businesses are supported through venture capital investments. | longwallventures.com | Thame, United Kingdom |
Investor details for Lightcast Discovery
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Lightcast Discovery
1 people are tracked at Lightcast Discovery (1 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Cameron Frayling | Founder | Leadership |
Complete people profiles for Lightcast Discovery
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Lightcast Discovery
3 dated milestones of Lightcast Discovery across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Lightcast Discovery is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series B,.
Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as Lightcast Discovery (Life Sciences Platforms & Tools) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Nanopore-based electronic systems for single-molecule analysis are developed. | 2005 | Oxford, Oxfordshire, United Kingdom | USD 1.34 B | USD 301.49 M | 1,372 | |
Genetically modified cell lines are developed using AAV gene-editing platform. | 2007 | Cambridge, Cambridgeshire, United Kingdom | USD 46.29 M | |||
Biological reagents and antibodies are developed for life science research. | 1998 | Cambridge, Cambridgeshire, United Kingdom | USD 78.8 M |
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Frequently Asked Questions about Lightcast Discovery
Lightcast Discovery was founded in 2019.
Lightcast Discovery is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Lightcast Discovery is a funded company, having raised a total of $107.09M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.63M, raised on Jun 2019.
Lightcast Discovery has 25 employees.
Lightcast Discovery was founded in 2019 by Cameron Frayling in Cambridge, United Kingdom. Operations focus on the biotechnology sector, where single-cell analysis solutions are developed and supplied to support research and discovery processes. Services encompass tools for detailed cellular profiling, enabling applications in drug development and biological studies. The company maintains its base in the UK, serving global scientific communities through its domain lightcast.bio.
Lightcast Discovery offers Lightcast Discovery and Luminary Programme.
Lightcast Discovery has 6 investors. Key investors include Arch Venture Partners, M-Ventures, Illumina Ventures, OMX Ventures, and ND Capital.
Lightcast Discovery operates through Lightcast Discovery Ltd.