FundedIQ
Biotechnology

NovoMedix: Funding, Investors & Team (Oct 2026)

NovoMedix has developed novel orally available small molecules with wide therapeutic windows to treat fibrotic disorders. While these molecules have shown remarkable efficacy in animal models of fibrosis, some of them have unique properties for the treatment of cancer. These first-in-class small molecules co-target pathways that provide cardioprotective and synergistic anti-tumor effects with standard-of-care chemotherapies for the treatment of triple negative breast cancer (TNBC). There is a dose-dependent delayed and progressive cardiomyopathy often observed years after cessation of treatment of breast cancer patients anthracyclines such as doxorubicin (Adriamycin). As a result, the leading cause of death in breast cancer survivors is cardiovascular disease, often caused by the same treatments that once saved their lives. NovoMedix compounds have synergistic effects with chemotherapies on cancer cells, potentially enhancing patient response while significantly minimizing cardiotoxicity, ultimately improving long-term survival by reducing mortality due to heart failure. The goal is to initiate IND enabling studies with the lead candidate and to deliver this novel and safe therapy to TNBC patients as soon as possible.

www.novomedix.com LinkedIn San Diego, United States 1-10 employees
Total raised
$2.0M
Rounds
1
Latest
Grant
May 2022

NovoMedix has raised $2.0M across 1 funding round on record, the most recent a Grant of $2.0M announced in May 2022.

That round is below the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

NovoMedix Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Grant
$2.0M in May 2022
Employees
1-10
reported band
Headquarters
San Diego, United States

Latest funding round on record: May 2022.

NovoMedix Funding Rounds

Date
Round
Amount
Grant
$2.0M

NovoMedix Founders and Leadership Team

Name
Role
Contact
Cathy Swindlehurst
CEO
Locked

Contact details for the NovoMedix team: 1 of 1 has an email address on file.

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NovoMedix Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.4M
30,319
$7.7M
1,065
—

NovoMedix's latest round of $2.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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NovoMedix Funding FAQs

What does NovoMedix do?

NovoMedix has developed novel orally available small molecules with wide therapeutic windows to treat fibrotic disorders. While these molecules have shown remarkable efficacy in animal models of fibrosis, some of them have unique properties for the treatment of cancer. These first-in-class small molecules co-target pathways that provide cardioprotective and synergistic anti-tumor effects with standard-of-care chemotherapies for the treatment of triple negative breast cancer (TNBC). There is a dose-dependent delayed and progressive cardiomyopathy often observed years after cessation of treatment of breast cancer patients anthracyclines such as doxorubicin (Adriamycin). As a result, the leading cause of death in breast cancer survivors is cardiovascular disease, often caused by the same treatments that once saved their lives. NovoMedix compounds have synergistic effects with chemotherapies on cancer cells, potentially enhancing patient response while significantly minimizing cardiotoxicity, ultimately improving long-term survival by reducing mortality due to heart failure. The goal is to initiate IND enabling studies with the lead candidate and to deliver this novel and safe therapy to TNBC patients as soon as possible.

How much funding has NovoMedix raised?

NovoMedix has raised $2.0M across 1 round on record. The most recent is a Grant of $2.0M announced in May 2022.

When did NovoMedix last raise funding?

NovoMedix's most recent funding round on record is a Grant of $2.0M, announced in May 2022.

Who is the CEO of NovoMedix?

Cathy Swindlehurst is listed as CEO at NovoMedix.

Where is NovoMedix headquartered?

NovoMedix is based in San Diego, California, United States.

How many employees does NovoMedix have?

NovoMedix is in the 1-10 employee band.

How does NovoMedix's funding compare to other Biotechnology startups?

NovoMedix's latest round of $2.0M is below the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's NovoMedix 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 NovoMedix is left off this page rather than filled in.

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