Cancer therapeutics

Startups summon strong medicine for tough fight

Last updated: 26 Jan 2023

Market 101

With cancer being one of the biggest killers worldwide, the impact of finding cures for it cannot be overstated. But as our knowledge of cancer has increased, so has the complexity of developing the right therapeutics for a disease that shows significant variability not just between types, but even for patients suffering from the same type.

Harnessing technologies from Crispr gene-editing to machine learning, startups are rising to the challenge of providing ever more personalised and precise treatments. But their focus isn’t just limited to therapeutics — companies are working on all sides of the equation, including detection and the delivery of care. Their improvements can’t materialise soon enough.

Early stage market map

Key facts

17

% of all deaths caused by cancer1

½

world population who will have cancer at some point in their lives2

10m

number of people who died from cancer in 20203

Startups tracked by Sifted

Sifted take

New cancer treatments differ significantly both in their maturity and their areas of application. Startups need to make a case for how their approach is the most appropriately ambitious — both in terms of their chosen focus and the technologies they’re employing — to set them apart in a crowded field.

Rising stars

Vinehealth Digital

Treatment & care

App

Total funding

€7,690,000

London, United Kingdom
2018

App that helps cancer patients report and monitor their symptoms, medications and activities. It was jointly cofounded by a doctor and former VP of data science who met through the Entrepreneur First accelerator.

Round

Seed

Valuation

Undisclosed


Date

2021

Size

€5,000,000

CytoSeek

Novel therapeutics

Cell therapies

Total funding

€5,490,000

Bristol, United Kingdom
2017

Is developing “artificial membrane-binding proteins” to support cell therapies. CEO Carolyn Porter previously oversaw the formation of 16 spinout companies at Oxford University.

Round

Seed

Valuation

Undisclosed


Date

2021

Size

€4,200,000

Vivan Therapeutics

Novel therapeutics

Total funding

€6,100,000

London, United Kingdom
2018

Provides a platform that enables personalised cancer therapeutics by replicating a patient’s genetic profile, screening drugs and recommending treatments. Founder Laura Towart previously founded an ovarian health company.

Round

Seed

Valuation

Undisclosed


Date

2021

Size

€1,200,000

Early stage startups to watch

AC Bioscience Ltd.

Epalinges, Switzerland
2017
Seed

6m

2.5m

33m

Blazar

Paris, France
2021
Pre-seed

350k

135k

-

Careology

London, United Kingdom
2018
Seed

3m

1m

-

Celeris Therapeutics

Graz, Austria
2021
Seed

17.4m

2.5m

19.3m

Cureety

Dinan, France
2018
Seed

6.2m

5m

-

CyGenica Limited

Cork, Ireland
2017
Pre-seed

2.2m

1.3m

-

Cytoseek

Bristol, United Kingdom
2017
Seed

5.5m

4.2m

-

FrontWave Imaging SL

Barcelona, Spain
2020
Pre-seed

834k

814k

-

Libera Bio

Santiago de Compostela, Spain
2020
Seed

3.8m

1.3m

-

Medical Templates AG

Zurich, Schweiz
2015
Seed

4.5m

3m

-

My Personal Therapeutics/ Vivan Therapeutics

London, United Kingdom
2018
Seed

6.1m

1.2m

-

NU-RISE

Ílhavo, Portugal
2015
Seed

500k

1.5m

9m

QV Bioelectronics

Manchester, United Kingdom
2018
Seed

3.2m

835k

-

Spirea

Harrogate, United Kingdom
2018
Seed

3.3m

2.3m

-

Vinehealth Digital

London, United Kingdom
2018
Seed

7.7m

5m

-

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