How Much Did PathoGenetix Raise?
Funding & Key Investors

PathoGenetix has successfully navigated multiple rounds of capital infusion to reach its current commercial-stage status, culminating in a total funding accumulation of $24.2M. The company recently secured a major strategic investment of $10M, reinforcing its market position as a leader in rapid pathogen identification. This latest injection of capital underscores investor confidence in the firm's proprietary Genome Sequence Scanning (GSS) technology, which is poised to disrupt traditional microbiology workflows across several high-stakes sectors.

The growth trajectory of PathoGenetix, marked by consistent backing from institutional investors, highlights the critical demand for faster, more accurate diagnostic tools. By securing this latest round, the company is well-positioned to accelerate the commercial deployment of its automated systems, moving beyond research and development into widespread industrial and clinical application.

What is PathoGenetix?

PathoGenetix
Business ServicesResearch & DevelopmentManufacturing

PathoGenetix is a commercial-stage developer specializing in automated systems for the rapid identification of bacteria from complex biological samples. At the core of its value proposition is the Genome Sequence Scanning (GSS) technology, which enables the isolation and analysis of DNA directly from enriched samples. By eliminating the need for time-consuming culture-based isolation, the GSS platform delivers actionable results in approximately five hours—a significant improvement over conventional methods that often require days.

The company's market reach spans critical domains, including food safety testing, industrial microbiology, and clinical diagnostics. By providing a faster, more reliable alternative to legacy testing, PathoGenetix addresses a vital need for rapid outbreak investigation and quality control, positioning itself as an essential infrastructure provider for public health and industrial safety.

How much funding has PathoGenetix raised?

PathoGenetix has raised a total of $24.2M across 5 funding rounds:

2008

Series A

$4.4M

2010

Debt

$1M

Unspecified

$1.3M

2011

Series B

$7.5M

2013

Series C

$10M

Series A (2008): $4.4M, investors not publicly disclosed

Debt (2010): $1M, investors not publicly disclosed

Unspecified (2010): $1.3M, investors not publicly disclosed

Series B (2011): $7.5M featuring Excel Venture Management, Ascension Ventures, and Frazier Healthcare Ventures

Series C (2013): $10M backed by HealthCare Ventures, Ascension Ventures, and Excel Venture Management

Key Investors in PathoGenetix

Ascension Ventures

Ascension Ventures is a strategic healthcare venture firm that invests on behalf of leading community health systems, focusing on companies that transform the healthcare industry and enhance patient care.

Excel Venture Management

Excel Venture Management is a venture capital firm that invests in life science and healthcare companies, focusing on innovative technologies that improve human health and diagnostic capabilities.

Frazier Healthcare Ventures

Frazier Healthcare Ventures is a prominent investment firm dedicated to the biopharmaceutical and healthcare services sectors, supporting companies that develop novel treatments and diagnostic solutions.

What's next for PathoGenetix?

With the recent capital infusion, PathoGenetix is expected to prioritize the scaling of its commercial operations and the expansion of its GSS platform into new diagnostic markets. The strategic focus will likely center on deepening its footprint in food safety testing while exploring broader clinical applications where rapid bacterial identification is paramount. As the company transitions into a mature commercial entity, the focus will shift toward operational efficiency, market penetration, and the potential for further strategic partnerships within the healthcare and industrial sectors to solidify its competitive advantage.

See full PathoGenetix company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingAdvertising Networks
Business ServicesProject ManagementAccounting for Legal Practices
Advertising NetworksBusiness Services
Business ServicesProject ManagementAdvertising Networks

Frequently Asked Questions Regarding PathoGenetix Financial Insights

What are the most recent funding rounds that PathoGenetix has completed, and what were the funding rounds?
PathoGenetix has recently completed 3 funding rounds: Series C on Oct 3, 2013, Series B on Jan 10, 2011, Unspecified on Nov 5, 2010.
What is the total amount of funding PathoGenetix has raised to date?
PathoGenetix has raised a total of $24.2M in funding to date.
How many funding rounds has PathoGenetix completed?
PathoGenetix has completed 3 funding rounds.
How much funding did PathoGenetix raise in its most recent funding round?
PathoGenetix raised $10M in its most recent funding round.
Who are the lead investors in PathoGenetix's latest funding round?
The lead investor in PathoGenetix's latest funding round was HealthCare Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PathoGenetix's history?
The largest funding round in PathoGenetix's history was $10M.
See more information about PathoGenetix