Metabolomic Technologies

Metabolomic Technologies develops patented, metabolomic-based, diagnostic tests to detect adenomatous polyps and colorectal cancer (CRC).

Business Model:

Revenue: $0

Employees: 11-50

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Detailed Metabolomic Technologies Information

Geographic Data

Metabolomic Technologies headquarters map

Address:

City: Edmonton

State: Alberta

Zip:

Country: Canada

Financial Info

Stage:

series a

Raised Last:

$4M

Raised Total:

$5M

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0Website Monthly Traffic

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Description

Metabolomic Technologies Inc. (MTI) is a spin-off company from the University of Alberta. The company was formed from a research program facilitated by Drs. Haili Wang and Richard Fedorak, who were interested in using the new science of metabolomics to explore how colorectal cancer and adenomatous (precancerous) polyps affected cellular metabolism. At MTI, they are committed to developing advanced metabolomic-based diagnostic tests for the management of chronic diseases or ‘high value’ diagnostics. Their initial focus is on developing highly novel, patented, metabolomic-based, diagnostic tests to detect adenomatous polyps and colorectal cancer (CRC). CRC is a leading cause of death in North America, but is curable if identified through early screening processes. However, current fecal-based screening methodologies are suboptimal due to a lack of sensitivity and acceptability. Their flagship product, PolypDx™, a spot urine diagnostic test, innovatively offers a significantly higher sensitivity in detecting adenomatous polyps and thus significantly advances the prevention of CRC.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2013 Grant 1 $375k Alberta Innovates
Alberta Innovates
11/2015 Venture Round 1 - VA Angels
VA Angels
10/2019 Series A 1 $4.2M Tribune Capital
Tribune Capital
1/2012 Pre Seed Round 1 - Advanced Technology Centre
Advanced Technology Centre
11/2015 Venture Round 1 - VA Angels
VA Angels
1/2012 Pre Seed Round 1 - Advanced Technology Centre
Advanced Technology Centre
Announced Date Name Price

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