Early cancer detection startup Craif raises $22M

Cancer ranks as one of the top causes of death worldwide. The National Cancer Institute reported nearly 20 million new cancer cases and 9.7 million cancer-related deaths globally in 2022, with projections showing a rise to 29.9 million new cases by 2040.

Craif, spun off from Nagoya University in Japan in 2018, is using microRNA(miRNA) to develop an AI-powered early cancer detection software, and it has raised $22 million in Series C funding to expand further into the U.S. market and bolster its R&D.

Ryuichi Onose, co-founder and CEO of Craif, told TechCrunch in an interview that the company completed its Series C funding round with a valuation of just under $100 million.

X&KSK, an existing investor, led the latest funding, which brings its total raised to $57 million to date, along with the U.S.-based investor Unreasonable Group, its first investment in a Japanese startup, TAUNS Laboratories, Daiwa House Industry and Aozora Bank Group.

Craif’s journey started when Onose saw how deeply cancer affected his family, with both his grandparents being diagnosed with the disease. These personal experiences have inspired a strong commitment to help address the cancer issue. Onose and Takao Yasui, an associate professor at Nagoya University, co-founded Craif just a month after they met. Yasui had created a new method for early cancer detection using urinary biomarkers.

Early detection of a treatable condition can be challenging as traditional diagnostic methods like blood tests can be invasive, causing some people to avoid regular screening, Onose said. In addition, limited access to medical facilities in certain areas makes it challenging for individuals to easily obtain cancer testing, according to Onose.

Craif aims to address these gaps by providing a non-invasive urine-based test that enables early cancer detection, even at a very early stage, like at Stage 1.

“The test can be conducted from the comfort of a patient’s home and is powered by advanced microRNA analysis, making early detection more accessible and effective,” Onose said. “Our users are health-conscious individuals who are concerned about cancer but find it challenging to commit to conventional screenings due to time, cost and accessibility constraints.”

Several startups are creating platforms for early cancer detection in the industry, like Grail, Freenome, DELFI Diagnostics and Clearnote Health.  

Craif differentiates itself by using microRNA as a biomarker instead of cfDNA (cell-free DNA) like most competitors and utilizing urine.

“miRNA, which gained heightened recognition after being linked to the 2024 Nobel Prize, is known for its deep involvement in cancer biology even at the earliest stages,” Onose explained. “Unlike cfDNA, miRNA is proactively secreted by early cancer cells, making it particularly suitable for early cancer detection.”

Another unique aspect of its product is its use of urine. Onose said urine is easy and non-invasive, providing many scientific and practical benefits. It has fewer impurities than other samples, making the biomarker signals clearer, he added. This helps to decrease any measurement errors, like those from hemolysis in blood and saves money on tests.

Craif’s first product, miSignal, a test that detects the risk of seven different cancers (pancreatic, colorectal, lung, stomach, esophagus breast, ovarian) using urinary miRNA, is already generating revenues in Japan. The products are distributed through clinics, pharmacies, direct-to-consumer sales, and corporate wellness programs, providing a variety of revenue sources that can be expanded, according to the company CEO.

“We are partnered with over 1000 medical institutions and about 600 pharmacies in Japan, serving about 20,000 users. Our team consists of 73 dedicated employees,” Onose told TechCrunch.

The revenue model offers both single tests and subscription packages for regular testing, with many users opting for subscription plans. It posted $5 million in revenue in 2024 and aims to generate $15 million by the end of this year, Onose told TechCrunch.

Craif intends to broaden the scope of miSignal to include ten different types of cancers this year. Moreover, the startup is getting ready to use its technology for the early detection of non-cancerous diseases, such as neurodegenerative disorders like dementia.

Craif has its R&D lab in Irvine, California, and plans to open another office in San Diego to handle its business operations.

The new funding will help the startup enter the U.S. market with its microRNA-based early cancer detection test, aiming to complete trials in the U.S. around 2029 and file for FDA approval.

It has already begun collecting pancreatic cancer samples in collaboration with 30 medical institutions across 15 U.S. states.

This story was updated to clarify its plans for trials in the U.S.

date: 2025-04-28 03:30:00

Craif Secures $22M: A Leap Forward in Early Cancer Detection

Teh fight against cancer has taken a meaningful step forward as Japanese startup Craif has successfully raised $22 million in funding. this substantial investment will fuel Craif’s efforts to revolutionize early cancer detection through its innovative liquid biopsy technology. The funding round underscores the growing recognition of the crucial role early diagnosis plays in improving patient outcomes and transforming cancer care.

Craif’s Innovative Liquid Biopsy Technology: A New Hope for Cancer Diagnosis

Craif’s core technology revolves around a unique liquid biopsy platform that analyzes tiny vesicles, specifically exosomes, released by cells into bodily fluids like blood and urine. These exosomes carry valuable molecular facts about the cells they originate from, including cancerous cells. analyzing this information allows craif to detect cancer at a much earlier stage than customary methods, offering a critical advantage in treatment.

Unlike traditional biopsies, which require invasive procedures to extract tissue samples, liquid biopsies are minimally invasive, posing less risk and discomfort to patients. this makes them ideal for routine screening and monitoring of cancer progression.

How Craif’s Technology Works: A Closer Look

  • exosome Isolation: Craif’s platform efficiently isolates exosomes from liquid biopsy samples using advanced filtration techniques.
  • Molecular Analysis: The isolated exosomes are then subjected to comprehensive molecular analysis, including gene sequencing, protein analysis, and epigenetic analysis.
  • AI-Powered Interpretation: Craif utilizes complex artificial intelligence (AI) algorithms to interpret the vast amounts of data generated from the molecular analysis. This helps identify specific biomarkers associated with different types of cancer.
  • Early Stage Detection: The AI algorithms can detect subtle changes in biomarker profiles that indicate the presence of cancer even in its earliest stages, when it is most treatable.

The $22 Million Funding Round: Catalyzing Growth and Expansion

The $22 million funding round represents a significant milestone for Craif,providing the necessary resources to scale its operations,expand its research and advancement efforts,and accelerate the commercialization of its early cancer detection technology. The investment will be strategically allocated to:

  • Clinical Trials: Conducting large-scale clinical trials to validate the accuracy and effectiveness of its liquid biopsy platform across different cancer types and patient populations.
  • Product Development: Expanding the range of cancer types that can be detected using its technology.
  • Regulatory Approval: Pursuing regulatory approvals from major health authorities, such as the FDA in the United States and the PMDA in Japan.
  • Commercialization: Establishing partnerships with hospitals, clinics, and pharmaceutical companies to make its technology widely accessible to patients.
  • International Expansion: Expanding the availability of its technology outside of Japan, bringing benefits to the global population.

Who Invested in Craif?

While the specific investors were not outlined previously, venture capital firms and possibly pharmaceutical companies keenly focused on early cancer diagnostics and preventative medicine likely led the funding round. The appeal of early detection for vastly improving survival rates and reducing treatment costs is significant.

The Significance of Early Cancer Detection: Why It Matters

Early cancer detection is undeniably critical. Detecting cancer at an early stage often translates to more treatment options, higher survival rates, and improved quality of life for patients.When cancer is diagnosed at an advanced stage, the prognosis is frequently enough poor, and treatment options are limited. The key benefits are:

  • Increased survival Rates: Early detection allows for timely intervention, significantly increasing the chances of triumphant treatment and long-term survival.
  • Less Invasive Treatment: Cancers detected early are often amenable to less aggressive and less invasive treatments, such as surgery or radiation therapy, minimizing side effects and improving patient comfort.
  • Reduced Treatment Costs: Early detection can lead to lower treatment costs, as less intensive and prolonged therapies are often required.
  • Improved Quality of Life: Early diagnosis and treatment can help maintain a higher quality of life for cancer patients, allowing them to continue living fulfilling lives.

Craif’s Target Cancers and Future Applications

While specific target cancers weren’t initially enumerated, analyzing exosomes gives Craif the ability to target various cancers. it is likely they will focus on cancers with few early detection solutions and which tend to be aggressive. Potential applications are:

  • Lung Cancer: Lung cancer is often diagnosed at late stages,making early detection crucial for improved survival.
  • Pancreatic Cancer: Pancreatic cancer is notoriously tough to detect early, leading to poor outcomes.
  • Ovarian cancer: Ovarian cancer frequently enough presents with vague symptoms, making early detection challenging.
  • Colorectal Cancer: While screening methods exist, Craif’s technology could offer a more convenient and accurate approach.
  • Breast Cancer: Early detection is already improving, but better technologies can contribute more valuable results.

Beyond cancer detection, Craif’s technology holds promise for various other applications, including:

  • Monitoring Cancer Recurrence: Liquid biopsies can be used to monitor patients after cancer treatment to detect early signs of recurrence.
  • Personalized Cancer Treatment: Analyzing exosomes can provide insights into the specific genetic and molecular characteristics of a patient’s cancer, enabling personalized treatment strategies.
  • Drug Development: Exosomes can be used to study the mechanisms of drug action and identify potential drug targets.

The Competitive Landscape of Liquid Biopsy Technology

Craif is operating in a competitive landscape with several other companies developing liquid biopsy technologies.Though, Craif’s unique approach to exosome analysis and its strong focus on AI-powered interpretation sets it apart. Key competitors in the liquid biopsy market include:

  • Guardant Health: Guardant Health is a leading provider of liquid biopsy tests for advanced cancer patients.
  • Grail (Illumina): Illumina is developing a multi-cancer early detection test based on DNA methylation analysis.
  • Exact Sciences: exact Sciences is known for its Cologuard colorectal cancer screening test.
  • freenome: Freenome is developing a multi-omics platform for early cancer detection.

Craif’s success will depend on its ability to demonstrate the superior accuracy,sensitivity,and cost-effectiveness of its technology compared to existing and emerging competitors. Focusing on specific cancers and utilizing specialized algorithms also can provide an advantage.

Benefits and Practical Tips: Incorporating Early Detection into Your Life

While Craif’s advancements are exciting, individual actions can also impact early detection prospects. Integrating proactive measures can empower individuals to make informed choices. This includes screening options, lifestyle adjustments, and promoting an awareness.

  • know Your Family History: Understanding familial predispositions to specific cancers is crucial for prioritizing preventative screening. Discuss your family’s medical history with your doctor to ascertain appropriate screening protocols and schedules.
  • Adhere to Recommended screening Guidelines: The American Cancer society and other medical organizations issue guidelines for cancer screening, including mammograms, colonoscopies, Pap tests, and prostate-specific antigen (PSA) tests. Adhering to these recommendations can significantly improve the likelihood of early detection.
  • Embrace a Healthy Lifestyle: Avoid tobacco usage, maintain a balanced diet enriched with fruits and vegetables, engage in regular physical exercise, and curtail alcohol intake. These choices can lower overall cancer risk.
  • Be Attentive to Bodily Changes: Monitor your physical condition and promptly report any uncharacteristic symptoms or persistent irregularities to your doctor.
  • Routine Checkups: Schedule recurring comprehensive examinations to facilitate early identification of potential health concerns and sustain optimal well-being.
  • Consider Genetic Testing: If your family history suggests a heightened risk of specific cancers, contemplate genetic testing to ascertain whether you may carry genetic mutations that elevate your risk.

Practical tips

  • Early detection significantly enhances the likelihood of successful treatment, with patients diagnosed at an earlier stage often experiencing better outcomes.
  • Early identification and control contribute to minimizing treatment expenses.
  • Incorporating these strategies will enable individuals to proactively oversee their health and diminish cancer hazards.

Case studies

Even though not publicly available yet due to the early stage of development, if approved, a fictitious case study may illustrate potential benefits.

  • Case Study 1: Early Lung Cancer Detection Imagine a 55-year-old former smoker undergoing routine screening using Craif’s technology. The test detects molecular signals indicative of early-stage lung cancer, even before traditional imaging techniques can identify a tumor. due to this early detection, the patient is able to undergo minimally invasive surgery and achieve full remission.
  • Case Study 2: Monitoring Cancer Recurrence A 60-year-old breast cancer survivor uses Craif’s liquid biopsy to monitor for recurrence after completing treatment. The test identifies subtle changes in exosome profiles, suggesting the return of cancerous cells. Early detection allows for immediate intervention, preventing widespread metastasis and improving the patient’s long-term prognosis.

Keep in mind that this is hypothetical based on desired outcomes for Craif’s product.

First Hand Experience (Hypothetical)

Patients frequently enough express sentiments regarding early detection as a life-changing encounter, diminishing apprehension, and enhancing treatment prospects. While the product is still in clinical trial stage, this account is an analysis of potential benefits, if applied.

An individual shares, “Discovering that I possessed access to a novel means of identifying cancer during its formative stages evoked genuine optimism within me.”

The patient adds, “Comprehending that an opportunity existed to intercept the condition promptly infused me with fortitude and control.”

The hypothetical patient shares, “the prospect of identifying cancer early on offers reassurance, especially when considering family histories.”

Table data for cancer statistics

Cancer Type 5-Year Survival Rate (Stage I) 5-Year Survival rate (Stage IV) detection Method
Lung Cancer 70% 10% CT Scan, Biopsy
Breast Cancer 99% 25% Mammogram, Self-Exam
Colorectal Cancer 90% 15% Colonoscopy, Stool Test
Pancreatic Cancer 40% 3% Frequently enough Late; Imaging

Disclaimer: This table presents simplified statistics. Actual survival rates can vary based on individual factors.

The post Early cancer detection startup Craif raises $22M appeared first on Archynewsy.

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