Tethis

Milan, Italy Founded: 2004 • Age: 22 yrs
Automated solutions for liquid biopsy processing are provided.
Annual revenue - Latest available
Total funding $15.3M 5 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Tethis

Tethis is a company based in Milan (Italy) founded in 2004. It operates as a HealthTech. Tethis has raised $15.33 million across 5 funding rounds from investors including European Union, ENEA Tech e Biomedical and unknown. Tethis offers products and services including Liquid Biopsy Solution. Tethis operates in a competitive market with competitors including GRAIL, Color, Biological Dynamics, Earli and Biovica, among others.

  • Headquarter Milan, Italy
  • Sectors
    Technology
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Tethis S.P.A.
Operational Areas
Technology → Quantum & Emerging Technologies 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
    $15.33 M (USD)

    in 5 rounds

  • Latest Funding Round
    $15.33 M (USD), Private Equity Round

    Jan 14, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Tethis

Tethis offers a comprehensive portfolio of products and services, including Liquid Biopsy Solution.

Product name locked
Category locked
Primary

Liquid biopsy is developed for early cancer detection.

Funding Insights of Tethis

Tethis has successfully raised a total of $15.33M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round of $15.33 million completed in January 2025. 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 Tethis

Tethis has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, ENEA Tech e Biomedical and unknown.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Tethis

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Investments & Acquisitions by Tethis

Investments
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Investment portfolio details for Tethis

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Financial Statements - Tethis

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Detailed financials for Tethis

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Tethis Comparisons

Tethis Primary company
Description
Automated solutions for liquid biopsy processing are provide...
Location
Milan, Italy
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Tethis

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Competitors of Tethis

Tethis 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 GRAIL, Color, Biological Dynamics, Earli and Biovica, among others.

Company Name Domain Founded year HQ Location Description
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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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Proprietary lab-on-chip platform for nanoparticle isolation is offered.
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Early cancer detection tests are developed using synthetic biomarkers.
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Tumor response to cancer therapies is monitored via specialized assays.
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Developer of nucleic acid detection and quantification systems
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Detailed competitors of Tethis

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Latest news on Tethis

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Complete news archive for Tethis

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Frequently Asked Questions about Tethis

Tethis was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Tethis is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.

Tethis is a funded company, having raised a total of $15.33M across 5 funding rounds to date.

Tethis is engaged in the development of liquid biopsy solutions for early cancer detection and improved treatment guidance. The company operates in the healthcare sector, specifically targeting oncology diagnostics. Innovative approaches are utilized to preserve sample integrity through automated and standardized processing. Collaborations with institutions like Sheba Medical Center and Weill Cornell Medicine are maintained to enhance AI-powered diagnostics and cellular residual disease monitoring in cancers such as rectal and early-stage breast cancer.

Tethis's top competitors include GRAIL, Earli and Color.

Tethis offers Liquid Biopsy Solution.

Tethis has 4 investors. Key investors include European Union, ENEA Tech e Biomedical, unknown, and EIC Fund.

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