How Much Did Othram Raise?
Funding & Key Investors

Othram, a pioneer in forensic DNA analysis, has secured significant enterprise-level funding, with its most recent capital infusion totaling $18M. This strategic investment underscores the company's critical role in advancing forensic science through advanced DNA sequencing technology. The total capital raised to date stands at $18.2M, positioning Othram for continued expansion and innovation in a field demanding precision and cutting-edge solutions.

What is Othram?

Othram
Business ServicesResearch & DevelopmentHealthcare Services

Othram operates as the world's first private DNA laboratory purpose-built for forensic evidence analysis. Leveraging modern parallel sequencing, the company specializes in recovering and analyzing human DNA from minute, degraded, or contaminated samples. Founded in 2018 and based in The Woodlands, Texas, Othram collaborates with academic researchers, forensic scientists, medical examiners, and law enforcement agencies. Their expertise is crucial in achieving DNA analysis results when conventional methods fall short, providing vital insights for investigations and justice.

How much funding has Othram raised?

Othram has raised a total of $18.1M across 2 funding rounds:

2020

Debt

$150K

2021

Angel/Seed

$18M

Debt (2020): $150K with participation from PPP

Angel/Seed (2021): $18M led by Gigafund 0

Key Investors in Othram

Gigafund 0

Gigafund is a venture capital firm that invests in ambitious and transformative entrepreneurs across various sectors and stages. The firm focuses on long-term concentrated investments, seeking founders who can grow with their companies and maximize impact over decades. Gigafund's portfolio includes notable companies like SpaceX, Neuralink, and The Boring Company, reflecting its commitment to backing significant businesses that aim to solve the world's biggest problems. By prioritizing a long-term investment strategy, Gigafund aims to identify and support companies that will become transformative leaders in their industries.

PPP

Public-Private Partnership

What's next for Othram?

With its recent major strategic investment, Othram is poised to further enhance its capabilities in forensic DNA analysis. This capital infusion is expected to fuel advancements in their proprietary sequencing technologies and expand their laboratory infrastructure. The company's focus on tackling challenging DNA samples suggests a strategic direction towards broadening its service offerings to more complex cases and potentially developing new analytical tools. Continued growth in this specialized sector indicates a strong market demand for Othram's unique scientific contributions.

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Frequently Asked Questions Regarding Othram Financial Insights

What are the most recent funding rounds that Othram has completed, and what were the funding rounds?
Othram has recently completed 2 funding rounds: Angel/Seed on Sep 16, 2021, Debt on May 1, 2020.
What is the total amount of funding Othram has raised to date?
Othram has raised a total of $18.1M in funding to date.
How many funding rounds has Othram completed?
Othram has completed 2 funding rounds.
How much funding did Othram raise in its most recent funding round?
Othram raised $18M in its most recent funding round.
Who are the lead investors in Othram's latest funding round?
The lead investor in Othram's latest funding round was Gigafund 0. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Othram's history?
The largest funding round in Othram's history was $18M.
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