OB

ONCOMATRYX BIOPHARMA

Modulating the tumor microenvironment

Bilbao, Spain · $143.4M raised

Headquarters
Bilbao
Employees
11–50
Business Model
B2B
Total Funding
$143.4M
Last Round
$67.0M Series DMar 2026
Rounds
5

About

Oncomatryx Biopharma is a clinical-stage biopharmaceutical company based in Bilbao, Spain, founded to modulate the tumor microenvironment rather than attack tumor cells directly. The company is developing next-generation Antibody-Drug Conjugates that target Cancer-Associated Fibroblasts in the tumor stroma to treat difficult-to-treat metastatic solid tumors, with its lead candidate OMTX705 in clinical trials since 2022. Oncomatryx has been awarded EU EIC Accelerator funding to advance its ADC platform.

Summary

ONCOMATRYX BIOPHARMA is a Biotech company based in Bilbao, Spain. It has raised $143.4M in total across 5 rounds, most recently a $67.0M Series D round in Mar 2026. Investors include Kutxa Fundazioa, European Innovation Council Fund and Asabys Partners.

Funding History

Series DSeries DMar 2026
$67.0M

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Venture Round through Series D — per-round amounts, valuations, and who invested in each round.

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