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OXcan

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AI-powered liquid biopsy tests for early cancer detection

Oxford, United KingdomFounded 2018Biotech & Life Sciences
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OXcan and the history behind them.

About OXcan

Oxford Cancer Analytics (OXcan) is a medical technology company developing minimally invasive blood tests for the early detection of cancer. The company leverages advanced proteomics, the large-scale study of proteins, and proprietary machine learning algorithms to analyze liquid biopsies for key biomarker signatures associated with cancers. OXcan's primary focus is on lung cancer, which is the leading cause of cancer deaths globally, largely because it is often diagnosed in late, incurable stages. The company's technology aims to identify molecular signatures in the blood of high-risk patients, offering a more affordable and accurate detection tool that can be integrated into existing clinical pathways and healthcare screening programs.

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Founded in 2020 by Dr. Peter Jianrui Liu (CEO) and Dr. Andreas Halner (COO), the company originated from their work as graduate students at the University of Oxford. Dr. Liu is a medical doctor with a background in cancer research, while Dr. Halner specializes in clinical medicine and machine learning. Their initial research, published in the journal iScience, demonstrated the ability to double detection rates across eight cancer types by identifying key protein signatures. The company was established with the mission to significantly improve patient outcomes by enabling earlier diagnosis when curative treatments are more effective.

OXcan is a pre-revenue startup that operates on a business model centered on the development and future commercialization of its cancer detection tests. The company has established global partnerships with over 20 healthcare centers across the UK, US, and Canada to develop and deploy its technology. Having raised a total of $16.7 million through multiple funding rounds, including an $11 million Series A in January 2025, OXcan is positioned to advance its lung cancer test toward commercialization, pending regulatory approvals. The company is headquartered in Oxford, UK, with a significant presence in Toronto, Canada.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Oxford, United Kingdom
Employees
29
Open positions
None listed
Dealroom signal
85.1/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology, Health Platform
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Health Diagnostics, Spinout, Clinical Decision Support, Biotech and Pharma, Health It, DT and LS
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2025 $2.9M $55M Undisclosed ↗
SERIES A✓Equity / VC Jan 2025 $11M $44M We Venture Capital · Cross-Border Impact Ventures ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

OXcan website traffic

Latest recorded traffic for OXcan is 3.1K monthly website visits, up 1140% over the last three months. OXcan's team grew 20.8% over the past year.

Latest monthly visits3.1K 3-month web change+1140% 1-year team growth+20.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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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

13 investors on the cap table

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

Seed9 investors entered at this stage

  • Oxford Technology
  • The Francis Crick Institute
  • Brad Wilson
  • Civilization Ventures
  • MegaRobo
  • Marcus East
  • Cancer Research UK
  • Eka Ventures
  • LifeArc

Series A2 investors entered at this stage

  • We Venture Capital
  • Cross-Border Impact Ventures

Other known investors2 additional known investors

  • KQ Labs
  • University of Toronto
Team profiled 5 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
5 countries with
team presence
🇬🇧 United Kingdom50%
🇺🇸 United States26.9%
🇨🇦 Canada7.7%
🇨🇭 Switzerland7.7%
🇪🇸 Spain7.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OXcan 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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