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Grail

Grail

Grail is a biotechnology company headquartered in Menlo Park, California that was founded by Jeffrey Huber, Sjuul van den Eertweg in 2016 focused on making a medical device that can detect early stage cancer.

Grail is a biotechnology company founded in 2016 by Jeffrey Huber, Sjuul van den Eertwegh, and is headquartered in Menlo Park, California. Grail is developing a blood test capable of detecting early stage cancer.

Acquisitions/mergers

Cirna merger

On May 31, 2017 Grail merged with a Chinese startup called Cirna to help expand its global production capacity. Cirina, which was founded by Dennis Lo of the Chinese University of Hong Kong and raised $12 million in a Series A financing round in 2014, will operate as a subsidiary of Grail.

Funding

Series A

On January 12, 2016 Grail closed their series A funding round with $100 million in funding from Illumina, Stutter Hill Ventures, Biomatics Capital Partners, Bezos Expeditions, ARCH Venture Partners, and Bill Gates.

Series B

On November 22, 2017 Grail closed their series B funding round with $1.2 billion in funding from ARCH Venture Partners, Johnson & Johnson Development Corporation, and Glen Kacher.

Series C

On May 21, 2018 Grail closed their series C funding round with $300 million in funding from WuXi NextCode, Sequoia Capital China, IBC International, HuangPu River Capital, Hillhouse Capital Group, China Merchants Securities, Blue Pool Capital, Ally Bridge Group, and 6 Dimensions Capital.

Timeline

Series C

$300m -- Total nine investors. 6 Dimensions Capital, Ally Bridge Group, and Hillhouse Capital Group led the round.

Series B

$1.2b -- Total three investors. ARCH Venture Partners led the round.

Series A

$100m -- Total of six investors. Illumina was the lead investor.

People

Name
Role
Related Golden topics

Alex Aravanis

Vice President of Research & Development

Angela Lai

CTO

Anne-Renee Hartman

Vice President of Clinical Development

Charlotte Arnold

Vice President of Corporate Affairs

Fred Kohler

Vice President of People

George Golumbeski

President & Head of Corporate Development and Strategy

Jeff Huber

Founder

Jennifer Cook

CEO

Jessica Owens

Vice President of Product Marketing

Patrick Broderick

General Counsel and Corporate Secretary

Tara Maddala

Vice President of Biostatistics & Data Management

Further reading

Documentaries, videos and podcasts

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Link

Companies

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CEO
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Products/Services

References