Radionetics
formerly Radionetics OncologyThe power to stop cancer.
San Diego, United States · Founded 2021 · $222.5M raised
- Headquarters
- San Diego, California
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- radionetics.com
- Total Funding
- $222.5M
- Last Round
- $140.0M Corporate RoundJul 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Radionetics Oncology is a clinical-stage precision oncology company focused on discovering and developing novel small molecule radiopharmaceuticals that target G protein-coupled receptors (GPCRs) overexpressed on cancer cells. Spun out of Crinetics Pharmaceuticals in October 2021 with $30 million in initial funding, Radionetics applies deep GPCR biology expertise and medicinal chemistry to build a modular radiopharmaceutical platform capable of addressing a broad range of solid tumors including breast and lung cancer. In July 2024, Radionetics entered a strategic agreement with Eli Lilly — receiving $140 million upfront — granting Lilly the exclusive right to acquire Radionetics for up to $1 billion. The company is headquartered in San Diego, California.
Summary
Radionetics is a Biotech company based in San Diego, United States, founded in 2021. It has raised $222.5M in total across 3 rounds, most recently a $140.0M Corporate Round in Jul 2024. Investors include Frazier Life Sciences, 5AM Ventures and Eli Lilly.
Tech & App Stack
1 technology or app tracked
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Funding History
Jul 2024
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Funding: Seed through Corporate Round. Amounts, valuations, and investors where available.
Investors
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