Pear Bio

London, United Kingdom Founded: 2017 • Age: 9 yrs
Developer of microfluidic chip for cancer drug research
Annual revenue - Latest available
Total funding $14.2M 3 rounds
Employees 33 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Pear Bio

Pear Bio is a company based in London (United Kingdom) founded in 2017 by Duleek Ranatunga. Pear Bio has raised $14.15 million across 3 funding rounds from investors including Merck, Octopus Ventures and Hoxton Ventures. The company has 33 employees as of December 31, 2024. Pear Bio offers products and services including Personalized Testing Services and Drug Discovery Services. Pear Bio operates in a competitive market with competitors including Newcells Biotech, InSphero, Pandorum, Vivodyne and Xilis, among others.

  • Headquarter London, United Kingdom
  • Employees 33 as on 31 Dec, 2024
  • Founders Duleek Ranatunga
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ourotech Limited
  • Date of Incorporation 29 Oct, 2019
  • 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
    $14.15 M (USD)

    in 3 rounds

  • Latest Funding Round
    $14.15 M (USD), Series A

    Apr 14, 2023

  • Investors
    Merck

    & 7 more

  • Employee Count
    33

    as on Dec 31, 2024

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Products & Services of Pear Bio

Pear Bio offers a comprehensive portfolio of products and services, including Personalized Testing Services and Drug Discovery Services.

Product name locked
Category locked
Primary

Tests cancer treatments using 3D immune-microtumors to predict patient responses.

Product name locked
Category locked
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Identifies new targets and develops therapies for high unmet need cancers.

People of Pear Bio

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Eleonora Peerani
Director Of Precision Medicine R&d
People
Matt Williams
Chief Medical Officer (precision Medicine)
People
John Curran
COO & Laboratory Director
People
Jay Kearney
Principal Immuno-oncology Scientist

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Funding Insights of Pear Bio

Pear Bio has successfully raised a total of $14.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $14.15 million completed in April 2023. 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 Pear Bio

Pear Bio has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Merck, Octopus Ventures and Hoxton Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
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VC and PE firm focused on seed and early stage tech companies
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-
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Investor details for Pear Bio

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  • Investor domains
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Pear Bio

Investments
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Investment portfolio details for Pear Bio

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Pear Bio

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Detailed financials for Pear Bio

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  • Profit trends
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Pear Bio Comparisons

Pear Bio Primary company
Description
Developer of microfluidic chip for cancer drug research
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
33
As of 2024
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Peer comparison for Pear Bio

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Pear Bio

Pear Bio 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 Newcells Biotech, InSphero, Pandorum, Vivodyne and Xilis, among others.

Company Name Domain Founded year HQ Location Description
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Induced pluripotent stem cell-derived organoid models are developed for research.
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Cell-based assays and 3D microtissues for drug screening are developed.
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Regenerative medicine and 3D tissues are developed for therapeutic uses.
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Developer of AI-based platform for lab-grown human tissues
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Micro-organ sphere technologies for oncology drug discovery are developed.
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Detailed competitors of Pear Bio

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Latest news on Pear Bio

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Complete news archive for Pear Bio

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Frequently Asked Questions about Pear Bio

Pear Bio was founded in 2017.

Pear Bio is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Duleek Ranatunga is the current CEO of Pear Bio. They have also founded this company.

Pear Bio is a funded company, having raised a total of $14.15M across 3 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Pear Bio is 33.

Pear Bio develops microfluidic chip for cancer drug research. The device combines tissue engineering, microfluidics, and biomaterials to represent how drugs are infused, distributed and exposed to the tumor over multiple passes during a chemo regimen. It also maps the spread of cancer using 3D imaging.

Pear Bio's top competitors include Newcells Biotech, InSphero and Vivodyne.

Pear Bio offers Personalized Testing Services and Drug Discovery Services.

Pear Bio has 8 investors. Key investors include Merck, Octopus Ventures, Hoxton Ventures, Crista Galli Ventures, and SOSV.

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