TRACE BIOSCIENCES INC

Portland, OR · Medtech · Private

Near-infrared fluorescent imaging probes for intraoperative visualization of cancer margins and nerve tissue during head and neck surgery

trace-bio.com →
Grants
$2.1M
3 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
$4.2M
1 award · Health and Human S
#135 of 4531 in medtech
Patents
—
No published records under this name
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantDepartment of Health and Human Services · Phase I · Two-Color Near-Infrared Fluorescence Guided Surgery Tools Enabling Simultaneous Cancer Margin and Nerve Visualization during Head and Neck Squamous Cell Carcinoma Resection$386,211
Federal grantDepartment of Health and Human Services · Phase II · Clinical Translation of Near Infrared Nerve-Specific Fluorophores for Nerve-sparing Prostatectomy$937,594
Federal contractDepartment of Health and Human Services · Arpa-h SBIR Phase II Topic Arpa-h 04 Intra-operative Contrast Agents$4,218,974
Federal grantDepartment of Health and Human Services · Phase II · Clinical Translation of Near Infrared Nerve-Specific Fluorophores for Nerve-sparing Prostatectomy$810,809
Federal grant · SBIR/STTRFederal contract · USAspending

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
132ADAPTIVE BIOTECHNOLOGIES CORPORATION$4.4M$507M
133L2 DIAGNOSTICS LLC$4.4M—
134NUSHORES BIOSCIENCES LLC$4.3M$350K
135TRACE BIOSCIENCES INC$4.2M—
136ShockWave Medical, Inc.$4.2M$110M
137NOWDiagnostics, Inc.$4.1M$43M
138SILK TECHNOLOGIES, LTD.$4.1M$5.0M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.