Ataraxis AI has raised $20.4 million in a Series A round led by AIX Ventures to commercialise its cancer treatment prediction technology. Thiel Bio, Founders Fund, Floating Point, Bertelsmann, Giant Ventures and Obvious Ventures also participated. The company previously raised $4 million in seed funding. The startup analyses high-resolution images of cancer cells using AI trained on hundreds of millions of images from thousands of patients. According to Ataraxis, its technology is 30% more accurate than current standards for breast cancer care. The funding will support the commercial launch of its first breast cancer test and expansion into other cancer types. Co-founded by Jan Witowski and NYU professor Krzysztof Geras, Ataraxis aims to help predict long-term cancer outcomes and potentially reduce unnecessary chemotherapy treatments.

Ataraxis AI has launched Ataraxis Breast CTX, an AI-powered test that estimates individualised chemotherapy benefit in breast cancer patients. The platform combines digitised pathology slides with clinical data to predict patient-level outcomes with and without adjuvant chemotherapy. The test was developed using multimodal data from over 10,000 breast cancer patients worldwide and validated across observational studies and randomised controlled trials. It has been adopted by top NCI-designated cancer centres and community clinics across the United States. Ataraxis Breast CTX uses the company's Tau causal inference layer to account for treatment selection bias. The platform aims to identify high-risk patients unlikely to benefit from chemotherapy, helping clinicians make more informed treatment decisions and potentially reduce overtreatment. The test is offered through a CLIA-certified laboratory.