How Much Did Geneseeq Raise?
Funding & Key Investors

Geneseeq, a prominent player in the precision oncology sector, has successfully secured significant capital to bolster its genomic diagnostic capabilities. The company's financial trajectory, marked by a total accumulation of $127.9M, reflects its critical role in the evolution of cancer treatment. Most recently, the firm finalized a major strategic investment of $114M, signaling robust market confidence in its NGS-based diagnostic platforms and its potential to redefine personalized medicine standards globally.

This infusion of capital underscores the company's transition from early-stage development to a mature enterprise-level entity, capable of scaling its laboratory infrastructure and expanding its collaborative research footprint within the biopharmaceutical industry.

What is Geneseeq?

Geneseeq
Business ServicesResearch & DevelopmentHealthcare Services

Geneseeq Technology Inc. operates at the intersection of biotechnology and oncology, providing advanced Next-Generation Sequencing (NGS) solutions. By delivering actionable genomic insights, the company facilitates precise cancer diagnosis, prognosis, and treatment guidance. Their service portfolio, which spans central lab testing to customized research support, positions them as a vital partner for oncologists and drug developers alike. Through its commitment to high-quality genomic data, Geneseeq is effectively bridging the gap between complex molecular diagnostics and clinical application, thereby accelerating the delivery of precision cancer care for patients suffering from solid tumors and hematologic malignancies.

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

A leading biomedical venture capital firm with a global footprint, specializing in supporting entrepreneurs who develop breakthrough products to improve human health.

Beijing Beilu Pharmaceutical

A major pharmaceutical entity based in Beijing, focused on the development and distribution of medical products and therapeutic solutions.

Eastern Investment

A South Korean investment banking firm providing strategic financial backing to high-growth enterprises within the healthcare and technology sectors.

What's next for Geneseeq?

With the recent influx of capital, Geneseeq is well-positioned to accelerate its strategic roadmap, focusing on the expansion of its local testing solutions and the deepening of its translational research partnerships. The company is expected to leverage these resources to enhance its proprietary data analytics engine, further refining its ability to provide predictive insights for drug development. As the precision oncology market continues to mature, Geneseeq's focus on operational efficiency and high-throughput genomic analysis will likely serve as a catalyst for sustained growth, enabling the firm to maintain its competitive edge in the global diagnostic landscape.

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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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