When was Pear Bio founded?

Pear Bio was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Pear Bio located?

Pear Bio is headquartered in London, United Kingdom.

Who is the current CEO of Pear Bio?

Duleek Ranatunga of Pear Bio. They have also founded 1 company.

Which legal entities is Pear Bio associated with?

Pear Bio is associated with OUROTECH LIMITED and 1 other.

How many employees does Pear Bio have?

As of Sep 30, 2026, the latest employee count at Pear Bio is 8.

Is Pear Bio a funded company?

Pear Bio is a funded company, having raised a total of $14.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2017.

When was the latest funding round of Pear Bio?

Pear Bio's latest funding was a $***** Series A round on Apr 14, 2023, with participation from 6 investors.

Where does Pear Bio rank among its competitors?

Pear Bio ranks 9th amongst 91 active competitors, of which 30 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was BioDimension, which secured $839K in Jun, 2026.

Who are the top competitors of Pear Bio?

Pear Bio's top competitors include Pandorum, InSphero and Newcells Biotech. Among them, BioDimension secured the most recent funding round in June, 2026.

Pear Bio - 2026 Company Profile, Team, Funding & Competitors

Pear Bio is a series A company based in London (United Kingdom), founded in 2017 by Duleek Ranatunga. It operates as a Developer of microfluidic chip for cancer drug research. Pear Bio has raised $14.2M in funding from Octopus Ventures. The company has 91 active competitors, including 30 funded and 2 that have exited. Its top competitors include companies like Pandorum, InSphero and Newcells Biotech.

Company Details

Pear Bio develops microfluidic chip for cancer drug research. The device combines tissue engineering, microfluidics, and biomaterials to represent how drugs are infused, distributed and exposed to the tumor over multiple passes during a chemo regimen. It also maps the spread of cancer using 3D imaging.

Website: pearbio.com
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Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series A

Total Funding

$14.2M in 3 rounds

Latest Funding Round

Series A, Apr 14, 2023, $*****

Investors

Octopus Ventures & 10 more

Ranked

9^th among 91 active competitors

Employee Count

8 as on Sep 30, 2026

Similar Companies

OncoPrecision & 18 more

View Pear Bio's full profile

Pear Bio is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Ourotech, Inc. CIN: 0001737490 , United States, Active		-	4 (As on Dec 31, 2024)	-
OUROTECH LIMITED CIN: 12288322 , United Kingdom, Active	Oct 28, 2019	-	29 (As on Dec 31, 2024)

Pear Bio has raised a total funding of $14.2M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Series A round on Apr 14, 2023 for $*****. 6 investors participated in its latest round. Pear Bio has 11 institutional investors.

Here is the list of recent funding rounds of Pear Bio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 14, 2023	5524963	Series A	9028266	7839056	3858312	6532502
Jan 15, 2019	3808081	Seed	2981371	4443323	4045385	Merck Accelerator
2017	8415	Grant (prize money)	2247	4395	1380	K-Startup Grand Challenge

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View details of Pear Bio's funding rounds and investors

The founders of Pear Bio is Duleek Ranatunga. Duleek Ranatunga is the CEO of Pear Bio.

Here are the details of Pear Bio's key team members:

Duleek Ranatunga: Founder & CEO of Pear Bio.
Contact Info: 1 email address

View details of Pear Bio's Founder profiles and Board Members

Pear Bio's employee count trend

Pear Bio has 8 employees as of Sep 26. Here is Pear Bio's employee count trend over the years:

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Top competitors of Pear Bio include Pandorum, InSphero and Newcells Biotech. Here is the list of Top 10 competitors of Pear Bio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pandorum 2011, Bengaluru (India), Series B	Developer of regenerative medicine and 3D tissues	$52.1M	Indian Angel Network, BTB Venture & 89 others	65/100
2nd	InSphero 2009, Schlieren (Switzerland), Series D	Developer of cell based assays for drug screening	$35M	Venturelab, Redalpine & 8 others	62/100
3rd	Newcells Biotech 2014, Newcastle Upon Tyne (United Kingdom), Series B	Developer of induced pluripotent stem cells derived organoid models for research application	$14.4M	Mercia, Northstar Ventures & 7 others	59/100
4th	Parallel Bio 2020, Cambridge (United States), Series A	Limited information available	$25.4M	Y Combinator, Refactor Capital & 9 others	54/100
5th	OncoPrecision 2020, Cordoba (Argentina), Seed	Developer of personalized assays for oncology precision therapy	$4.2M	SOSV, Creative Ventures & 4 others	51/100
6th	Nextandbio 2019, Seoul (South Korea), Series A	Provider of organoid technology to develop customized treatments for patients	$5.27M	Hyundai Venture Investment, Stonebridge Capital ... & 2 others	48/100
7th	Xilis 2019, Durham (United States), Series B	Developer of drug discovery and precision therapy platform for oncology	$116M	Mubadala, FPV Ventures & 14 others	46/100
8th	Mestastop 2018, Bengaluru (India), Seed	Developer of cell-based functional assays for cancer metastasis focused drug discovery and predictive diagnostics	$1.29M	IKP Knowledge Park, IIMA Ventures & 33 others	44/100
9th	Pear Bio 2017, London (United Kingdom), Series A	Developer of microfluidic chip for cancer drug research	$14.2M	Compound, Octopus Ventures & 9 others	44/100
10th	BioDimension 2021, Bengaluru (India), Seed	Developer of biofabricating human tissues and organoids to make research	$983K	Indian Angel Network, Campus Angels Network ... & 1 others	44/100