FYR Bio

FYR Bio

fyr.bio
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Private Company

Total funding raised: $4M

Overview

FYR Bio is a private, pre-revenue diagnostics company founded in 2020 and based in San Diego. The company has developed the EV-Omics (EVO) platform, which utilizes a proprietary technology called SPARCs to enrich for disease-specific extracellular vesicles from blood samples, followed by AI-enabled analysis of their RNA and protein cargo. This approach aims to overcome the signal-to-noise challenges of liquid biopsies to generate detailed molecular snapshots of disease for applications in biomarker discovery, drug development, and personalized patient care. FYR Bio appears to be in a platform validation and business development stage, seeking partnerships with pharmaceutical and diagnostic companies.

OncologyNeuroscience

Technology Platform

EV-Omics (EVO) platform combining proprietary SPARCs technology for enriching disease-specific extracellular vesicles (EVs) from blood with AI-enabled multi-omic analysis of EV RNA and protein cargo.

Funding History

1
Total raised:$4M
Seed$4M

Opportunities

The growing demand for non-invasive, dynamic biomarkers in drug development creates a large market for FYR's platform-as-a-service model.
Its focus on EV-based protein and RNA analysis offers a complementary approach to dominant cfDNA methods, potentially providing unique functional insights for oncology and neuroscience applications.

Risk Factors

Key risks include the technical and standardization challenges of the emerging EV diagnostics field, intense competition from other liquid biopsy modalities, and the commercial difficulty of convincing pharmaceutical partners to adopt a novel, pre-validated platform technology.

Competitive Landscape

FYR Bio competes in the broad liquid biopsy market against companies focused on cell-free DNA (e.g., Guardant Health, GRAIL) and other EV-based approaches (e.g., Exosome Diagnostics, Bio-Techne). Its differentiation lies in the combination of proprietary EV enrichment (SPARCs) and integrated AI-driven multi-omic analysis of proteins and RNA.