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Ark company logo
Corporation
HEALTHCARE | Disease Diagnosis
ark.bio

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Founded Year

2018

Stage

Series A | Alive

Total Raised

$40M

Last Raised

$40M | 3 yrs ago

About Ark

Ark is an end-to-end solution provider focused on cancer early detection. Ark was founded in early 2018 through the merger of MiRXES, a privately-held life sciences company which had developed miRNA detection technology and identified blood-borne cancer biomarkers, and Venturecraft, a Southeast Asian venture capital firm focused on MedTech, BioTech, and Digital Health.

Ark Headquarter Location

2 Tukang Innovation Grove JTC MedTech Hub, #08-01

618305,

Singapore

+65 6805 4338

Latest Ark News

White Mountains pulls commitment to invest $200mn in Ark

Sep 14, 2021

Reinsurance News White Mountains and Ark have together decided to terminate a commitment to invest $200 million of additional capital into Ark, following White Mountains’ acquisition of the company last year . Ark manages syndicates 4020 and 3902 at Lloyd’s, which underwrite a mix of reinsurance and insurance business, including property, accident & health, energy, marine and political risks. White Mountains took a majority stake in Ark after contributing $605 million of equity capital capital to the company at a pre-money valuation of $300 million, and later purchased $41 million of shares from existing owners. At the time the acquisition was confirmed, the firms also agreed that White Mountains would contribute an additional $200 million of equity capital to Ark in 2021, but this commitment has now been terminated, it has been revealed. The decision to terminate the investment was announced alongside the issuance of $70.0 million of floating rate subordinated notes by Ark. The notes, due in 2041, were issued via a private placement and qualify as Tier 2 capital under Bermuda’s solvency capital regime. They come in addition to the previously disclosed €39.1 million of notes issued on July 13, 2021 and the $47.0 million of notes issued on August 11, 2021.

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Ark

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Ark in 1 CB Insights research brief, most recently on Apr 12, 2021.

Expert Collections containing Ark

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ark is included in 5 Expert Collections, including Cancer Liquid Biopsies.

C

Cancer Liquid Biopsies

105 items

Products/services that analyze tumor-derived biomarkers (ctDNA, CTCs, exosomes) in blood/urine/other non-invasive liquid specimens to detect cancer earlier, guide treatment, and monitor progress. *Data fields manually updated as new information becomes available.'

M

Medical Devices

7,528 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

C

Cancer

3,592 items

Companies researching, developing, or offering products & services that aid in the screening, prevention, diagnosis, management, and treatment of cancer.

H

Health & Wellness Assessment

2,359 items

Companies developing or offering products that aid in the assessment, screening, diagnosis, or monitoring of a person's state of health/wellness. Excludes companies focused solely on fitness/sports performance

D

Digital Health

10,305 items

Companies using/incorporating digital tech into health, wellness, and life science offerings. Includes cos operating within the hc, consumer health, and life science industries + tech vendors catering to them. Excludes cos exclusively focused on fitness/sports & performance

Ark Patents

Ark has filed 9 patents.

The 3 most popular patent topics include:

  • Abdomen
  • Analog circuits
  • Anilides
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/11/2020

6/29/2021

Fashion accessory brands, High fashion brands, Rotating disc computer storage media, Luxury brands, Password authentication

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6/29/2021

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Related Topics

Fashion accessory brands, High fashion brands, Rotating disc computer storage media, Luxury brands, Password authentication

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Status

Grant

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