How Much Did Othram Raise?
Funding & Key Investors

Othram, a pioneer in forensic DNA analysis, has secured significant enterprise-level funding, with its total capital raised standing at $18.2M. The company recently announced a major strategic investment of $18M, underscoring its pivotal role in advancing forensic science through advanced sequencing technologies.

What is Othram?

Othram
Business ServicesResearch & DevelopmentHealthcare Services

Othram is distinguished as the world's first private DNA laboratory purpose-built for applying modern parallel sequencing to forensic evidence. Established in 2018 and headquartered in The Woodlands, Texas, Othram's scientific team specializes in the recovery, enrichment, and analysis of human DNA from challenging samples, including trace quantities of degraded or contaminated materials. The company collaborates with academic researchers, forensic scientists, medical examiners, and law enforcement agencies, providing critical capabilities when conventional methods fall short. This focus on high-impact forensic solutions positions Othram at the forefront of DNA analysis for criminal justice and historical investigations.

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 known for its long-term, concentrated investments in ambitious entrepreneurs. Their portfolio, which includes prominent companies like SpaceX and Neuralink, indicates a focus on transformative businesses with significant long-term potential and impact.

PPP

Public-Private Partnership

What's next for Othram?

The recent major strategic investment signals a new phase of growth and operational scaling for Othram. This capital infusion is expected to accelerate the company's research and development efforts, enhance its laboratory infrastructure, and expand its reach to more agencies and researchers worldwide. Othram's commitment to pushing the boundaries of forensic DNA technology, particularly in complex cases, suggests a strategic focus on solidifying its market leadership and developing next-generation analytical tools. Future developments will likely involve further integration of AI and machine learning to interpret complex genetic data, thereby increasing the efficiency and accuracy of forensic investigations.

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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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