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NovaGray
Owards a personalization of cancer treatment by radiotherapy
About NovaGray
NovaGray is a pioneering startup in the healthcare sector, specifically focusing on radiotherapy for cancer patients. The company offers innovative tests that assess an individual's radiosensitivity, which is how sensitive a person is to radiation. This is crucial because nearly 10% of patients undergoing radiotherapy experience severe side effects. By identifying these hypersensitive patients before treatment begins, NovaGray aims to personalize and optimize each patient's care pathway.
The primary clients for NovaGray's services are healthcare providers, including oncologists and radiologists, who treat prostate and breast cancer patients. The company operates in the medical diagnostics market, with a particular focus on radiotherapy, a treatment method used for more than 50% of cancer patients.
NovaGray's business model revolves around selling its proprietary tests to healthcare institutions. These tests are based on a simple blood sample and have been validated through extensive clinical studies. The tests are recommended by the French Society of Radiation Oncology (SFRO), adding a layer of credibility and trust.
The company generates revenue by charging healthcare providers for each test conducted. This not only helps in personalizing treatment plans but also reassures patients and guides physicians in making informed decisions. By adapting patient follow-up after radiotherapy, NovaGray aims to improve overall treatment outcomes and reduce the risk of severe side effects.
In summary, NovaGray is revolutionizing cancer treatment by offering a personalized approach to radiotherapy, ensuring better patient outcomes and more efficient treatment plans.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Montpellier, France
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 66.3/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Biomedical, Spinout, biotech medtech and e-health, Observatoire Deeptech, Hard Tech, Woman Founder, Horizon Europe, observatoire industrial tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2025 | $30M | $121M | Undisclosed | — |
| GRANT✓Other financing | Mar 2018 | $55K | — | European Innovation Council | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for NovaGray is 2.1K monthly website visits, down 55.3% over the last three months. NovaGray's team declined 16.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Seed2 investors entered at this stage
MedTech Innovator
European Innovation Council
Other known investors1 additional known investor
SATT AxLR
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about NovaGray 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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