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Mitra Biotech
Biotechnology company focused on discovering tools to segregate patients for existing and developing anti-cancer treatments
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Tata Capital
Accel
Sequoia
RA Capital Management
Series B and later2 investors entered at this stage
Alumni Ventures
Northpond Ventures
Other known investors2 additional known investors
Harvard University
Massachusetts Institute of Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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