Ferronova is an innovative medical device company, which has brought together a patented magnetic probe from the University of South Australia and iron magnetic nanoparticle technology from Victoria University of Wellington, to produce an advanced diagnostic system to improve the detection of cancer metastases.
Ferronova has research collaborations with UniSA Future Industries Institute, the University of Sydney, and the University of New South Wales.
Founded in 2016, Ferronova is backed by Uniseed, Artesian Ventures, ASX-listed investment group Powerhouse Ventures, PAN Ventures, UniSA Ventures and Wellington UniVentures. The South Australian government and Australian government have provided grant funding to develop the technology.
Location: Australia, South Australia, Adelaide
Employees: 11-50
Total raised: $7.712116M
Founded date: 2016
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 23.01.2023 | - | $7.712116M | - | en.prnasia... |
Mentions in press and media 6
| Date | Title | Description | Source |
| 24.01.2023 | Australia-based biotech startup Ferronova raises USD 11 mill... | The Australian city of Adelaide, Jan. 22, 2023 — Ferronova, an Australian biotech startup, revealed ... | vcbay.news... |
| 23.01.2023 | Ferronova secures A$11 million to advance nanotech image-gui... | ADELAIDE, Australia, Jan. 23, 2023 /PRNewswire/ -- Australian biotech company Ferronova announced to... | en.prnasia... |
| 23.01.2023 | Ferronova Raises A$11M in Funding | Ferronova, an Adelaide, Australia-based medical technology company, raised A$11M in funding. Irish ... | finsmes.co... |
| 22.01.2023 | Ferronova secures A$11 million to advance nanotech image-gui... | ADELAIDE, Australia, Jan. 22, 2023 /PRNewswire/ -- Australian biotech company Ferronova announced to... | einpresswi... |
| - | ‘No tumour will go undetected’: Ferronova lands $11 million ... | Ferronova has received $11 million in funding for its nanoparticle cancer detection technology. Ade... | smartcompa... |
| - | Ferronova | “Home | Cancer Imaging | Ferronova” | fastfounde... |