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Freenome Bags Another $254m As Study Results Draw Closer

 
• By Barnaby Pickering

Freenome, the Roche-backed early cancer detection liquid biopsy developer has raised yet more money, making it one of the best-funded companies in its sub-sector. With trial results due relatively soon, investors are likely hoping this will be the last funding round required before full commercialization.

Early cancer detection test developer Freenome has completed yet another bumper financing round, this time bringing in $254m from both new and existing investors. As with prior rounds, Roche led the charge, with other names like ArrowMark Partners, Cormorant Capital, Eventide Asset Management and Sequarepoint Capital joining the pile-on.

In total, Freenome has more than 50 different investors, and has raised

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