University of Edinburgh spinoff Biocaptiva Ltd. has raised an additional $2.6 million (£2.1 million) in seed financing for its cell free DNA (cfDNA) capture device, Biocaptis. Business angel syndicate Archangels led the round, with participation from Scottish Enterprise and Cancer Research Horizon, the innovation engine of Cancer Research UK.
U.K.’s Angle plc has become the first company to receive a U.S. FDA product clearance for harvesting intact cancer cells for analysis. Angle reported it scored FDA clearance for its Parsortix system for the capture and harvest of circulating tumor cells (CTCs) from metastatic breast cancer patient blood. Shares in the AIM-listed company soared by more than 50% following the news.
Just nine months after a $55 million series B fundraising round, Billiontoone Inc. delivered an oversubscribed series C of $125 million. Demand for the company’s Unity prenatal test, which can assess fetal risk for common recessive conditions and aneuploidies using one maternal blood sample, tripled over the last year.