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MagnetTx Oncology Solutions Ltd

MagnetTx Oncology Solutions Ltd

Private
Edmonton, AlbertaHealthcare & Life Scienceshttps://www.magnettx.com/

Last Round

Grant

May 1, 2024

Total Funding Raised

$734,000

Company Overview

MagnetTx Oncology Solutions Ltd. is a medical technology company that develops, manufactures, and markets the Aurora-RT, a system that combines a linear accelerator with real-time magnetic resonance imaging to deliver radiotherapy to cancer patients.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Medical Imaging, Precision Medicine

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription, Services & Consulting

AI Layer

Application

Keywords

MRI-guided radiation therapyMRgRTMRI-Linacradiotherapyradiation therapyadaptive radiotherapyprecision radiotherapyreal-time MRIsoft tissue visualizationradiation oncologymedical devicemedical imagingAI-assisted radiotherapyelectron return effectERE

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MagnetTx Oncology Solutions Ltd Comparables

Compare MagnetTx Oncology Solutions Ltd with similar companies based on industry and business-model similarity.

MagnetTx Oncology Solutions Ltd comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ViewRay, Inc.
82%
Elekta AB
80%
Akesis, Inc.
79%

MagnetTx Oncology Solutions Ltd Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMay 1, 2024
GrantApr 1, 2020
StrategicSep 12, 2019
GrantApr 22, 2016
GrantDec 1, 2008

Key People

Founding team and executive leadership

Mike Cogswell

President and CEO

Executive Team

Roger Jewett

Contract CFO

Executive Team

Ronald Drake

Chief Operating Officer

Executive Team

MagnetTx Oncology Solutions Ltd Investors

Notable investors and investment history

MagnetTx Oncology Solutions Ltd investors
InvestorRounds
Western Economic Diversification CanadaGrant
Alberta Cancer FoundationGrant
National Research Council of CanadaGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 1, 2025

    Monthly visitors increased 130% MoM.

  • Apr 22, 2016

    Received grant funding to support operations.

MagnetTx Oncology Solutions Ltd Filings

SEC and related filings with document metadata.

Data table
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MagnetTx Oncology Solutions Ltd Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersEdmonton, Alberta
Employee Range13
Year Founded2015
Last FundingMay 1, 2024

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