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OxSonics

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Ultrasound drug delivery platform for solid tumor therapies

Oxford, United KingdomFounded 2013Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2017
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About OxSonics

OxSonics Therapeutics is a clinical-stage medtech company developing a novel ultrasound-based drug delivery platform, SonoTran®, to improve the efficacy of cancer therapies. The company was spun out of the University of Oxford's Institute of Biomedical Engineering in 2013 by Professor Constantin Coussios, Professor Robert Carlisle, Dr. Christian Coviello, and Dr. Colin Story. The founders' expertise originates from the university's Biomedical Ultrasonics, Biotherapy, and Biopharmaceuticals Laboratory (BUBBL), an internationally recognized center for therapeutic ultrasound research.

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The core of OxSonics' offering is the SonoTran® platform, designed to overcome the challenge of poor drug penetration into solid tumors. The system works by co-administering proprietary, injectable 'SonoTran Particles' with an unmodified anti-cancer drug. These particles, which are optimized to pass into the tumor mass, carry stabilized gas bubbles. A dedicated, mobile ultrasound system is then used to target the tumor, causing the bubbles to undergo inertial cavitation (expansion and collapse). This creates a mechanical pumping effect that actively transports the co-administered drug deeper into and throughout the tumor tissue, enhancing its concentration and distribution. A key feature is the "see-as-you-treat" technology, which provides clinicians with real-time on-screen visualization and monitoring of the treatment area.

OxSonics is a privately held company backed by venture capital and angel investors. It has raised capital through multiple funding rounds, including a Series A in 2014 and a Series B in 2017, with investors like Longwall Venture Partners and Oxford University Innovation. The company's business model involves both in-house pipeline development and strategic partnerships with pharmaceutical and biotech companies. This collaborative approach allows OxSonics to combine its drug-agnostic platform with new or existing oncology drugs without requiring costly drug reformulation, aiming to improve efficacy, reduce toxicity, and potentially salvage failed therapeutic agents. The company began its first-in-human clinical trials in January 2022, evaluating the platform in patients with metastatic colorectal cancer.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Oxford, United Kingdom
Employees
15
Open positions
None listed
Dealroom signal
77.4/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, Hard Tech, DT and LS, uk is8 life sciences, UKSU, UKSU2010, science-based
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning OxSonics.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Jul 2020 $14M $55M Undisclosed
SERIES BEquity / VC Jan 2017 $11M $44M Longwall Ventures · Perivoli Innovations · Winton Ventures · Oxford University Innovation
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

OxSonics website traffic

Latest recorded traffic for OxSonics is 860 monthly website visits, down 14% over the last three months. OxSonics's team grew 0% over the past year.

Latest monthly visits860 3-month web change-14% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

7 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

  • Longwall Ventures
  • Perivoli Innovations
  • Winton Ventures
  • Oxford University Innovation

Other known investors3 additional known investors

  • University of Oxford
  • OUI Startup Incubator
  • Oxford Investment Consultants
Team profiled 7 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
🇬🇧 United Kingdom92.3%
🇫🇷 France7.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

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