Proseek Bio

Scalable precision for ovarian cancer detection

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At a glance

  • Optimization graph line icon
    Development stage

    Proof-of-concept

  • Cash payment coin 1 icon
    Investment stage

    Seed

  • Startup launch 1 icon
    Commercialisation pathway

    UNSW Founders startup

  • Gauge dashboard icon
    Technology readiness level

    TRL 5

  • Gender female icon
    Female led

    Yes

Proseek Bio is developing blood tests to enable earlier, less invasive ovarian cancer detection.

Investment categories

Healthcare & med tech

  • Proseek Bio develops multi-biomarker glycoproteomic blood tests to reduce the reliance on surgical ovarian cancer diagnosis, thus enabling earlier detection and better outcomes. The advanced diagnostic products are designed to scale globally in commercial laboratories using existing clinical mass spectrometers. Revenue will come from recurring kit sales.

  • Ovarian cancer is the most lethal women’s cancer due to late detection and associated treatment failure. Definitive pathological diagnosis requires an invasive procedure by removing the suspected ovary for pathology. Without accurate non-invasive pre-surgical tests, up to 80% of ovarian cancer surgeries are performed on benign cases.

  • Clinical laboratories purchasing diagnostic kits. Initial commercial focus is the US reimbursement market and Australian self-pay market.

    • Two patent families
    • Closed AU$1.53M seed round (oversubscribed)
    • Secured development contract with 3rd largest global clinical laboratory
Why invest
Strong advocacy for ovarian cancer and recognition of women’s health as a trillion-dollar opportunity. Proseek Bio’s maturing clinical test platform creates a timely commercialisation opportunity.

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