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Life Sciences Series A Founded 2018

Function Oncology

Function Oncology is a biotechnology company that leverages a CRISPR-enabled platform to understand cancer biology and develop the next generation of targeted cancer therapies. The company uses CRISPR gene editing technology to conduct functional genomic screens that identify cancer dependencies and therapeutic targets, enabling the discovery of novel drug candidates that address specific genetic vulnerabilities in…

📍 San Diego, United States · Genomics,

Funding snapshot

Last roundSeries A
Amount$28M
Date12 April 2023
Total raised$28M
Team size6

About

Function Oncology is a biotechnology company that leverages a CRISPR-enabled platform to understand cancer biology and develop the next generation of targeted cancer therapies. The company uses CRISPR gene editing technology to conduct functional genomic screens that identify cancer dependencies and therapeutic targets, enabling the discovery of novel drug candidates that address specific genetic vulnerabilities in tumor cells. By systematically mapping which genes are essential for cancer cell survival across different tumor types, Function Oncology aims to develop precision oncology treatments that are more effective and less toxic than conventional chemotherapy. The platform integrates high-throughput CRISPR screening with computational biology to prioritize targets and accelerate drug development. Founded in 2018 and headquartered in San Diego, California, the company has raised $28 million in Series A funding from investors including Andreessen Horowitz, Casdin Capital, Alexandria, S32, and Section 32.

Business model

Life Sciences Tech > Research & Development > Drug Discovery > Genomics > Drug Development > Cancer,

Oncology > In-Vitro Diagnostic Tests > Diversified > Precision Medicine,

Genomics > Applied Genomics > Clinical Genomics > Diagnostics > Sequencing-based > Precision Medicine > Oncology

Team background

Company Wise > Google,

College Wise > University of Cambridge, Cornell University

Institutional investors

Andreessen Horowitz Casdin Capital Alexandria S32 Section 32

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