How Much Did Geneseeq Raise?
Funding & Key Investors

Geneseeq, a prominent player in the precision oncology sector, has successfully secured a total capital infusion of $127.9M to accelerate its diagnostic and therapeutic capabilities. This latest major strategic investment of $114M marks a significant milestone in the company's trajectory, reinforcing its position as a leader in next-generation sequencing (NGS) applications for clinical oncology. By leveraging this substantial financial backing, the firm is poised to expand its footprint in both domestic and international markets, further solidifying its role in the global precision medicine ecosystem.

What is Geneseeq?

Geneseeq
Business ServicesResearch & DevelopmentHealthcare Services

Geneseeq Technology Inc. operates at the intersection of biotechnology and clinical diagnostics, providing advanced NGS-based solutions that facilitate personalized cancer care. The company specializes in comprehensive genomic profiling, offering actionable insights for oncologists and researchers dealing with complex solid tumors and hematologic malignancies. Through its integrated platform, Geneseeq provides central lab testing, local testing infrastructure, and bespoke research services. This multi-faceted approach enables the company to support the entire spectrum of cancer care, from initial diagnosis and prognosis to treatment selection and long-term monitoring. By collaborating with biopharma partners, Geneseeq also plays a critical role in translational research, helping to streamline drug development processes and improve patient outcomes through data-driven precision medicine.

How much funding has Geneseeq raised?

Geneseeq has raised a total of $127.9M across 3 funding rounds:

2014

Series A

$4.8M

2016

Series B

$9.1M

2019

Series D

$114M

Series A (2014): $4.8M with participation from Beijing Beilu Pharmaceutical

Series B (2016): $9.1M led by Beijing D.Z Capital, Eastern Investment, and Beijing Beilu Pharmaceutical

Series D (2019): $114M supported by China Reform Holdings Corporation, Lilly Asia Ventures, and SoftBank China Venture Capital

Key Investors in Geneseeq

Lilly Asia Ventures

Lilly Asia Ventures is a premier biomedical venture capital firm with a global presence, dedicated to partnering with entrepreneurs to develop breakthrough products that improve human health.

Beijing Beilu Pharmaceutical

Beijing Beilu Pharmaceutical Co. Ltd is a major player in the pharmaceutical industry, providing significant industrial expertise and capital support to healthcare innovators.

Eastern Investment

Eastern Investment Corp is a South Korea-based investment banking firm that provides strategic financial backing to high-growth companies within the medical and technology sectors.

What's next for Geneseeq?

With the successful completion of its latest financing round, Geneseeq is strategically positioned to scale its operational capacity and enhance its technological infrastructure. The company is expected to prioritize the expansion of its proprietary genomic database, which serves as a cornerstone for its diagnostic accuracy and research efficacy. Furthermore, the influx of capital will likely support the development of new diagnostic assays and the strengthening of its biopharma partnerships, facilitating deeper integration into the drug discovery pipeline. As the precision oncology market continues to evolve, Geneseeq's focus on high-quality genomic data and clinical utility will be instrumental in maintaining its competitive advantage and driving long-term growth in the global healthcare sector.

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Frequently Asked Questions Regarding Geneseeq Financial Insights

What are the most recent funding rounds that Geneseeq has completed, and what were the funding rounds?
Geneseeq has recently completed 3 funding rounds: Series D on Dec 25, 2019, Series B on Jun 6, 2016, Series A on Aug 1, 2014.
What is the total amount of funding Geneseeq has raised to date?
Geneseeq has raised a total of $127.9M in funding to date.
How many funding rounds has Geneseeq completed?
Geneseeq has completed 3 funding rounds.
How much funding did Geneseeq raise in its most recent funding round?
Geneseeq raised $114M in its most recent funding round.
Who are the lead investors in Geneseeq's latest funding round?
The lead investor in Geneseeq's latest funding round was China Reform Holdings Corporation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Geneseeq's history?
The largest funding round in Geneseeq's history was $114M.
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