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Mitra Biotech

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Biotechnology company focused on discovering tools to segregate patients for existing and developing anti-cancer treatments

Woburn, United StatesFounded 2009Biotech & Life Sciences
Valuation $100–250M Last recorded · 2018
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mitra Biotech and the history behind them.

About Mitra Biotech

Farcast Biosciences operates in the biotechnology sector, specializing in cancer drug discovery and immuno-oncology. The company serves pharmaceutical companies, biotech firms, and research institutions by providing a unique and proprietary histoculture platform. This platform uses fresh human tumor samples to evaluate therapeutic responses across various drug categories, including bi-specific antibodies, monoclonal antibodies, small molecules, and oncolytic viruses. Farcast Biosciences' technology maintains tumor morphology and viability, retaining native tumor architecture and immune components, thus enabling effective study of tumor response to drug treatments. The company offers a wide array of kinetic and end-point assays for multi-dimensional analysis of mechanistic action and impact of therapeutic agents on the tumor microenvironment. By partnering with IRB-approved cancer centers, Farcast Biosciences ensures access to fresh tumor samples from informed and consented patients, facilitating the study of inter-patient heterogeneity. The business model revolves around providing these specialized services to its clients, generating revenue through service fees and collaborative research agreements. Keywords: histoculture platform, cancer drug discovery, immuno-oncology, fresh tumor samples, bi-specific antibodies, monoclonal antibodies, small molecules, oncolytic viruses, tumor microenvironment, kinetic assays.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Woburn, United States
Employees
28
Open positions
None listed
Dealroom signal
76.2/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Testing, Biotechnology, Oncology, Patient Care, Spinout, Biotech and Pharma, medical testing, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2018 $40M $160M Accel · RA Capital Management · Alumni Ventures · Northpond Ventures —
SERIES BOther financing Aug 2016 $27M $110M Accel · Sequoia · Tata Capital · RA Capital Management —
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Growth signals

Mitra Biotech website traffic

Latest recorded traffic for Mitra Biotech is 190 monthly website visits, up 0% over the last three months. Mitra Biotech's team grew 0% over the past year.

Latest monthly visits190 3-month web change0% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Foundation MedicineTransformation in cancer care, where each patient’s treatment is informed by a deep understanding of the molecular changes that contribute to their disease Boston, United States Acquired 1,762 $97M $5.3B
Light Chain BioscienceFormerly Novimmune. Develops therapeutic monoclonal antibodies to treat patients suffering from immune-related disorders Geneva, Switzerland Operational
Exosome DiagnosticsCommercializing minimally invasive molecular diagnostics in blood and urine to enable doctors to select optimal therapies for cancer and other diseases Waltham, United States Acquired
GenomeDx BiosciencesGenomic information company headquartered in Vancouver, British Columbia, with laboratories in San Diego, California Vancouver, Canada Operational
Multiplicom#Multiplicom is the leading Belgian biotech company that develops, manufactures and commercializes molecular diagnostic tests that enable personalized medicine Antwerp, Belgium Acquired
Empire GenomicsLeader in the field of molecular diagnostic services for oncology diseases Cheektowaga, United States Acquired
Omthera PharmaceuticalsDevelops therapies for patients with elevated triglyceride levels and increased risk of cardiovascular disease Princeton, United States Acquired
SyantraPrecision healthcare company that focuses on the commercialization of breast cancer detection blood tests Calgary, Canada Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later2 investors entered at this stage

Other known investors2 additional known investors

  • Harvard University
  • Massachusetts Institute of Technology
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India71.4%
🇺🇸 United States28.6%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mitra Biotech on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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