# Oncgnostics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oncgnostics

- Industry: Biotechnology
- Headquarters: Jena, Germany
- Website: www.oncgnostics.com
- Total disclosed funding: $0.8M
- Latest round: Series A (Jan 30, 2015)
- Investors on record: 3

## About

Oncgnostics GmbH, based in Germany, is a developer of molecular diagnostics, focusing on innovative tests for early detection and diagnosis of cancer, particularly cervical cancer.Oncgnostics GmbH specializes in molecular diagnostics, particularly for cancer. Founded in Jena, Germany in 2012, the company has engaged in three funding deals to date. The latest funding round, a Seed round, raised EUR 0.600 mn on September 5, 2023, led by High-Tech Gründerfonds. The CEO, Alfred Hansel, has a background in the biotech industry, contributing to the company's strategic direction.Oncgnostics GmbH specializes in molecular diagnostics for cancer, focusing on innovative tests to enhance early detection and diagnosis. Their flagship product, GynTect®, is a molecular test for cervical cancer available since 2015, utilizing patented biomarkers for improved screening accuracy. The company is also developing tests for head and neck tumors and ovarian cancer, targeting laboratories, gynecologists, and healthcare providers in Europe while planning international expansion.In the most recent year, 2023, Oncgnostics GmbH reported revenue of EUR 63,177.70 with an EBITDA of EUR -1,453,094.40, indicating the financial dynamics as they advance their diagnostic offerings.In September 2023, Oncgnostics GmbH secured further funding to expand the distribution of its cancer diagnostic tests into the ASEAN countries. This initiative aims to broaden the company's market presence and enhance accessibility of their innovative products. The recent Seed funding will support these expansion efforts, aiding the company in reaching new healthcare sectors in the targeted regions.

## Funding rounds

- Series A, Jan 30, 2015 — High-Tech Gruenderfonds, Bm-t, STIFT
- Seed, Apr 16, 2012, $0.8M — High-Tech Gruenderfonds, STIFT

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- STIFT — Seed, Series A
- Bm-t (https://capitalatlas.ai/funds/bm-t) — Series A