How Much Did Phase Genomics Raise?
Funding & Key Investors

Phase Genomics, a leader in advanced genomic architecture and proximity ligation technology, has successfully secured significant capital to further its mission of accelerating scientific discovery. With a total cumulative investment reaching $7.4M, the company continues to solidify its market position through a recent strategic injection of $1.5M. This latest financing round underscores the firm's critical role in the biotechnology sector, particularly in enabling high-resolution chromosome-scale genome assembly and complex metagenomic analysis.

The company's trajectory, marked by consistent growth and high-impact partnerships, reflects its transition from a specialized research entity to a pivotal player in the global genomics infrastructure. By leveraging proprietary Hi-C technology, Phase Genomics provides essential tools that empower researchers to decode structural genomic variations with unprecedented precision.

What is Phase Genomics?

Phase Genomics
Business ServicesResearch & DevelopmentHealthcare Software

Headquartered in Seattle, Phase Genomics specializes in the application of proximity ligation technology to solve complex biological challenges. The company offers a robust portfolio of laboratory kits and computational software designed for diverse applications, including plant, animal, and microbial genomics. By facilitating the deconvolution of metagenomes and the analysis of genome architecture, Phase Genomics serves as a cornerstone for modern biotechnology firms and academic institutions seeking to push the boundaries of genetic research. Their integrated approach—combining wet-lab products with sophisticated analytical software—positions them as a unique provider in the rapidly evolving field of precision medicine and agricultural biotechnology.

How much funding has Phase Genomics raised?

Phase Genomics has raised a total of $7.4M across 4 funding rounds:

2020

Debt

$150K

2021

Debt

$213K

2022

Grant

$5.5M

2024

Other Financing Round

$1.5M

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

Debt (2021): $213K led by PPP

Grant (2022): $5.5M supported by Bill & Melinda Gates Foundation and National Institute of Allergy and Infectious Diseases

Other Financing Round (2024): $1.5M featuring Bill & Melinda Gates Foundation

Key Investors in Phase Genomics

Bill & Melinda Gates Foundation

Established in 2000 and headquartered in Seattle, Washington, The Bill & Melinda Gates Foundation is an organization that focuses on supporting individuals experiencing hunger and extreme poverty in leading healthier lives.

National Institute of Allergy and Infectious Diseases

The Vaccine Research Center is an intramural division of the NIAID, part of the NIH, focused on discovering and developing vaccines and antibody-based products to target infectious diseases.

PPP

Public-Private Partnership

What's next for Phase Genomics?

With the infusion of $1.5M, Phase Genomics is well-positioned to scale its operational capacity and expand its suite of genomic analysis tools. The strategic focus will likely center on enhancing the scalability of its metagenomic deconvolution software and broadening the reach of its Hi-C product line into new international markets. As the demand for high-fidelity genomic data grows, the company is expected to leverage its strong institutional backing to accelerate product development cycles and solidify its leadership in the structural genomics space. Future initiatives will likely prioritize the integration of AI-driven computational workflows to further streamline the assembly of complex genomes, ensuring that Phase Genomics remains at the forefront of the genomic revolution.

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Frequently Asked Questions Regarding Phase Genomics Financial Insights

What are the most recent funding rounds that Phase Genomics has completed, and what were the funding rounds?
Phase Genomics has recently completed 3 funding rounds: Other Financing Round on Mar 4, 2024, Grant on Jun 9, 2022, Debt on Feb 13, 2021.
What is the total amount of funding Phase Genomics has raised to date?
Phase Genomics has raised a total of $7.4M in funding to date.
How many funding rounds has Phase Genomics completed?
Phase Genomics has completed 3 funding rounds.
How much funding did Phase Genomics raise in its most recent funding round?
Phase Genomics raised $1.5M in its most recent funding round.
Who are the lead investors in Phase Genomics's latest funding round?
The lead investor in Phase Genomics's latest funding round was Bill & Melinda Gates Foundation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phase Genomics's history?
The largest funding round in Phase Genomics's history was $5.5M.
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