Gustave Roussy spin-out Orakl Oncology raises a $34M Series A, co-led by Norrsken VC and Singular, to predict cancer-drug trials from patients' tumour organoids
Orakl Oncology raised an oversubscribed $34M Series A co-led by Norrsken VC and Singular, taking its total to $50M. New investors are InfraVia Growth, Serena, Bpifrance's Patient Autonome Fund, teampact.ventures and Plug and Play, with Verve Ventures, Speedinvest and HCVC following on and angels including Thomas Wolf. Co-founders Fanny Jaulin (CEO), Gustave Ronteix (CTO) and Diane-Laure Pagès (COO) grow patients' tumours as organoids, screen drugs on them and link each result to the patient's records.
What happened: Orakl Oncology raised an oversubscribed $34M Series A co-led by Norrsken VC and Singular, taking its total to $50M. New investors are InfraVia Growth, Serena, Bpifrance's Patient Autonome Fund, teampact.ventures and Plug and Play, with Verve Ventures, Speedinvest and HCVC following on and angels including Thomas Wolf. Co-founders Fanny Jaulin (CEO), Gustave Ronteix (CTO) and Diane-Laure Pagès (COO) grow patients' tumours as organoids, screen drugs on them and link each result to the patient's records.
Why it matters: About three quarters of cancer candidates fail in Phase 2, the release says, and Orakl sells drugmakers a reading of which drugs, and which patients, will respond before that stage. The money is for new models, five times the data, lung and gastric cancer added to colorectal and pancreatic, US and UK teams for more than 10 drug programmes, and finding new co-targets. Philip Tagari, chief scientific officer of insitro, who helped bring Amgen's KRAS inhibitor Lumakras to patients, joins as an adviser.
Evidence and limits: The 90% accuracy in predicting trial outcomes and the 18 of the 20 largest drugmakers in its pipeline are the company's own figures; the release names no paper or trial set behind them. The round was read in participant InfraVia's release, which gives no valuation.

