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BioWorld - Tuesday, May 19, 2026
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Home » Cancer blood test maker Freenome going public with $330M SPAC
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Cancer blood test maker Freenome going public with $330M SPAC

Dec. 5, 2025
By Holland Johnson
Freenome Holdings Inc. reported it is going public via a special purpose acquisition company. The company said it expects to raise $330 million, which it plans to use for the 2026 launch of its blood-based screening tests for multiple cancers. Backed by an affiliate of Perceptive Advisors - Perceptive Capital Solutions Corp. (PCSP) – and joined by RA Capital, the arrangement includes a commitment of $240 million in equity investments plus about $90 million more held by the SPAC’s trust fund. Other notable investors, including ADAR1 Capital, Bain Capital Life Sciences, and Farallon Capital Management have signed on to participate in the deal.
Financings Medical technology Diagnostics Artificial intelligence Cancer Oncology IPO U.S.

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