The diagnostics technology developer has raised another $290m from existing investor Roche, which will support it as it looks to expand its products to additional cancers.

Pharmaceutical firm Roche invested $290m in US-based cancer detection technology developer Freenome on Tuesday, roughly a month after it announced its $300m series D round.

Founded in 2014, Freenome has developed a multiomics platform which combines molecular biology and machine learning to detect cancer in the early stages through a routine blood draw by decoding complex cell-free biomarker patterns.

The company’s series D round was co-led by Perceptive Advisors and RA Capital Management and included internet and technology conglomerate…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.