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.
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.
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.
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.
$300m -- Total nine investors. 6 Dimensions Capital, Ally Bridge Group, and Hillhouse Capital Group led the round.
$1.2b -- Total three investors. ARCH Venture Partners led the round.
$100m -- Total of six investors. Illumina was the lead investor.
Vice President of Research & Development
Vice President of Clinical Development
Vice President of Corporate Affairs
Vice President of People
President & Head of Corporate Development and Strategy
Vice President of Product Marketing
Karel Hurka, Jr.
General Counsel and Corporate Secretary
Vice President of Biostatistics & Data Management
The $1 billion bet on the perfect cancer test
What You Need to Know About GRAIL | BioSpace
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- CancerDisease of cellular proliferation characterized by uncontrolled cellular proliferation, local tissue invasion, and disseminated metastasis
- BiotechnologyBiotechnology can refer to the application of science and technology to living organisms or the use of living organisms, their parts, products or models thereof to solve a problem, produce knowledge or produce goods and services. Biotechnology may involve the alteration of living or non-living materials.