PetaGene

PetaGene’s mission is to make genomics data cheaper, faster and better.

Business Model:

Revenue: $2.6M

Employees: 11-50

Rankings

Detailed PetaGene Information

Geographic Data

PetaGene headquarters map

Address: 104 Hills Road

City: Cambridge

State: england

Zip: CB2 1LQ

Country: GB

Financial Info

Stage:

convertible note

Raised Last:

$0

Raised Total:

$2M

Metrics

6,956,546Website Global Rank

727Website Monthly Traffic

Twitter Followers

Description

PetaGene started as a small hint of an idea: that a team of Cambridge University PhDs could together devise a novel approach to the problem of genomic data storage. Through “Project PetaGene,” a collaboration with the Stegle Group at EMBL-EBI, they researched how to compress huge amounts of genomic data—without compromising data quality. Three years later, PetaGene is much more than a research project. They took their idea to London’s Entrepreneur First incubator and graduated with the program’s sixth cohort in 2016. That same year, they won Best of Show for their PetaSuite compression tools at Bio-IT World’s annual conference in Boston, beating out 46 competitors from 190 total exhibiting companies. Now, they’re a full-fledged company with a suite of products that do what they hoped they would when they began their research at the University of Cambridge: compress genomic data up to 6x, without affecting the quality of the data. Beyond the awards and accolades, they’re deeply committed to the motive that inspires PetaGene daily: reducing the size and associated storage cost of genomic data, so it can be more readily accessed and analyzed.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2018 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
12/2018 Series A 1 $2.1M Romulus Capital
Romulus Capital
4/2017 Seed Round $249.7k
1/2016 Seed Round 1 - Samos Investments
Samos Investments
9/2016 Seed Round 1 $13.3k Entrepreneur First
Entrepreneur First
4/2017 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
7/2020 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
7/2020 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
9/2018 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
4/2017 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
4/2017 Seed Round $249.7k
9/2016 Seed Round 1 $13.3k Entrepreneur First
Entrepreneur First
1/2016 Seed Round 1 - Samos Investments
Samos Investments
Announced Date Name Price

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