FundedIQ
Biotechnology

NeOnc Technologies: Funding, Investors & Team (Sep 2026)

NEONC Technologies, Inc. (NTI) is an early-stage cancer biotechnology company focused initially on intranasal (delivery through the nose) inhalation and other nontraditional delivery of a novel, highly purified form of monoterpenes (oils from fruits & plants), alone or with other chemotherapeutics (cancer treatment chemicals) agents. It will initially be used in clinical research for first-line treatment of malignant brain cancer (gliomas) and other aggressive brain cancers, and later for the treatment of lung cancer. NTI was incorporated in the State of Delaware in 2008. The Company has assembled a highly qualified management team and board of directors. NTI is developing several proprietary molecules for clinical research some of which have demonstrated significant activity (positive results) in laboratory tests; NTI is accordingly building a portfolio of intellectual property around this research. In addition, the Company has reached an agreement with a manufacturer of active pharmaceutical ingredients for the development and production of proprietary monoterpenes.

www.neonctech.com LinkedIn Woodland Hills, United States 1-10 employees
Total raised
$28.5M
Rounds
2
Latest
Undisclosed round
Jun 2024

NeOnc Technologies has raised $28.5M across 2 funding rounds on record, the most recent an undisclosed round of $18.5M announced in Jun 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

NeOnc Technologies Company Profile and Key Stats

Total funding raised
$28.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$18.5M in Jun 2024
Employees
1-10
reported band
Headquarters
Woodland Hills, United States

Latest funding round on record: Jun 2024.

NeOnc Technologies Funding Rounds

Date
Round
Amount
Undisclosed round
$18.5M
Undisclosed round
$10.0M

NeOnc Technologies raised $10.0M in an undisclosed round announced in Feb 2023.

1.3 years later, an undisclosed round of $18.5M was announced in Jun 2024.

NeOnc Technologies Founders and Leadership Team

Name
Role
Contact
Thomas C Chen
Founder

No contact details are on record for this team yet.

NeOnc Technologies Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,878
$7.5M

NeOnc Technologies' latest round of $18.5M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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NeOnc Technologies Funding FAQs

What does NeOnc Technologies do?

NEONC Technologies, Inc. (NTI) is an early-stage cancer biotechnology company focused initially on intranasal (delivery through the nose) inhalation and other nontraditional delivery of a novel, highly purified form of monoterpenes (oils from fruits & plants), alone or with other chemotherapeutics (cancer treatment chemicals) agents. It will initially be used in clinical research for first-line treatment of malignant brain cancer (gliomas) and other aggressive brain cancers, and later for the treatment of lung cancer. NTI was incorporated in the State of Delaware in 2008. The Company has assembled a highly qualified management team and board of directors. NTI is developing several proprietary molecules for clinical research some of which have demonstrated significant activity (positive results) in laboratory tests; NTI is accordingly building a portfolio of intellectual property around this research. In addition, the Company has reached an agreement with a manufacturer of active pharmaceutical ingredients for the development and production of proprietary monoterpenes.

How much funding has NeOnc Technologies raised?

NeOnc Technologies has raised $28.5M across 2 rounds on record. The most recent is an undisclosed round of $18.5M announced in Jun 2024.

When did NeOnc Technologies last raise funding?

NeOnc Technologies' most recent funding round on record is an undisclosed round of $18.5M, announced in Jun 2024.

Who founded NeOnc Technologies?

FundedIQ lists Thomas C Chen (Founder) at NeOnc Technologies.

Where is NeOnc Technologies headquartered?

NeOnc Technologies is based in Woodland Hills, California, United States.

How many employees does NeOnc Technologies have?

NeOnc Technologies is in the 1-10 employee band.

How does NeOnc Technologies' funding compare to other Biotechnology startups?

NeOnc Technologies' latest round of $18.5M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's NeOnc Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for NeOnc Technologies is left off this page rather than filled in.

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