How Much Did Addgene Raise?
Funding & Key Investors

Addgene, the Watertown-based nonprofit repository, has successfully secured a major strategic investment, bringing its total capital accumulation to $1M. This latest infusion of $1M underscores the organization's critical role in the global life sciences ecosystem, providing a robust infrastructure for the distribution of essential biological materials. By facilitating the exchange of plasmids, viral vectors, and antibodies, Addgene continues to solidify its position as a cornerstone of modern laboratory research and development.

What is Addgene?

Addgene
Business ServicesResearch & DevelopmentNon-Profit & Charitable Organizations

Operating as a centralized hub for the scientific community, Addgene manages a sophisticated repository of plasmids, pooled libraries, and viral services including AAV and lentivirus. The organization effectively bridges the gap between academic discovery and industrial application by streamlining the complex processes of Material Transfer Agreements and intellectual property protection. Through its managed repository model, Addgene ensures that high-quality research tools are accessible to scientists worldwide, thereby accelerating the pace of innovation in biotechnology and molecular biology. Its commitment to technology transfer and open scientific sharing has made it an indispensable partner for both academic institutions and commercial entities.

How much funding has Addgene raised?

Addgene has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Addgene

PPP

Public-Private Partnership

What's next for Addgene?

With this major enterprise-level funding, Addgene is well-positioned to scale its operational capacity and expand its catalog of biological resources. The organization is expected to leverage this capital to enhance its digital infrastructure, improve the efficiency of its viral vector production, and broaden its outreach to emerging research markets. As the demand for standardized, high-quality research materials continues to rise, Addgene's strategic focus will likely remain on optimizing its distribution network and strengthening its role as a facilitator of global scientific collaboration. This financial backing provides the necessary runway to sustain its mission-driven growth while maintaining the rigorous standards required by the life sciences sector.

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Frequently Asked Questions Regarding Addgene Financial Insights

What are the most recent funding rounds that Addgene has completed, and what were the funding rounds?
Addgene has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Addgene has raised to date?
Addgene has raised a total of $1M in funding to date.
How many funding rounds has Addgene completed?
Addgene has completed 1 funding rounds.
How much funding did Addgene raise in its most recent funding round?
Addgene raised $1M in its most recent funding round.
Who are the lead investors in Addgene's latest funding round?
The lead investor in Addgene's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Addgene's history?
The largest funding round in Addgene's history was $1M.
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