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The Founder's Handbook

Top 19 Genetics Startups in 2024

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Think Genetics is boring and everything’s been done before?

Think again.

If you’re in the Genetics industry or are interested in starting a company in this space, this article dives into 19 of the hottest fast-growing Genetics startups.


19 Genetics Startups

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1) Prenetics

Prenetics

Prenetics is a genetic and diagnostic health testing company that uses DNA sequencing technology to assist uncover health problems.

Details of the startup:

  • Country: Hong Kong
  • State: Hong Kong Island
  • City: Quarry Bay
  • Started in: 2009
  • Founders: Danny Yeung, Lawrence Tzang, Michael M. Yang
  • Number of employees: 101-250
  • Funding: $67,650,000
  • Funding rounds: 4
  • Number of investors: 12 (500 Startups, Ping An, Alibaba Entrepreneurs Fund, Venturra Capital, Beyond Ventures)

You can find their website here.

2) Gero

Gero

Using next-generation AI to develop medications to treat complicated diseases

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2015
  • Founders: Maxim Kholin, Peter Fedichev
  • Number of employees: 11-50
  • Funding: $2,200,000
  • Funding rounds: 2
  • Number of investors: 1 (Bulba Ventures)

You can find their website here.

3) Insilico Medicine

Insilico Medicine

Insilico Medicine creates an artificial intelligence platform for the discovery of drugs to treat cancer and age-related disorders.

Details of the startup:

  • Country: Hong Kong
  • State: Hong Kong Island
  • City: Hong Kong
  • Started in: 2014
  • Founders: Alex Zhavoronkov
  • Number of employees: 11-50
  • Funding: $51,300,000
  • Funding rounds: 8
  • Number of investors: 16 (WuXi AppTec, Qiming Venture Partners, F-Prime Capital, Neue Fund, Eight Roads Ventures)

You can find their website here.

4) 3billion

3billion

3billion is a global leader in the field of rare disease genetic testing.

Details of the startup:

  • Country: South Korea
  • State: Seoul-t'ukpyolsi
  • City: Seoul
  • Started in: 2016
  • Number of employees: 11-50
  • Funding: $25,658,985
  • Funding rounds: 3
  • Number of investors: 10 (AVentures Capital, Shinhan Capital, Korea Development Bank, Magna Investment, Kakao Investment)

You can find their website here.

5) MedGenome

MedGenome

MedGenome is a biotechnology firm that offers a comprehensive tracking, analysis, and data reporting system.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2013
  • Founders: Mahesh Pratapneni, Sam Santhosh
  • Number of employees: 251-500
  • Funding: $119,000,000
  • Funding rounds: 6
  • Number of investors: 12 (Sequoia Capital India, Sequoia Capital, InnoVen Capital, LeapFrog Investments, HDFC Mutual Fund)

You can find their website here.

6) Strand Life Sciences

Strand Life Sciences

Strand is at the forefront of a new era of healthcare that is defined by genetic insights into disease.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2000
  • Founders: Ramesh Hariharan, Srinivasan Seshadri
  • Number of employees: 501-1000
  • Funding: $13,000,000
  • Funding rounds: 2
  • Number of investors: 4 (Quadria Capital, HealthQuad, Burrill & Company, Heritas Venture Fund)

You can find their website here.

7) EdiGene

EdiGene

EdiGene is a biotechnology business that specializes in genome editing.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2015
  • Founders: Wei Wensheng
  • Number of employees: 51-100
  • Funding: $179,657,841
  • Funding rounds: 7
  • Number of investors: 14 (Sequoia Capital China, IDG Capital, Lilly Asia Ventures, Fujifilm, Green Pine Capital Partners)

You can find their website here.

8) Suzhou Ribo Life Science

Suzhou Ribo Life Science

Suzhou Ribo Life Science uses RNA interference technology to develop nucleic acid pharmaceuticals and associated items.

Details of the startup:

  • Country: China
  • State: Anhui
  • City: Kunshan
  • Started in: 2007
  • Founders: Zicai Liang
  • Number of employees: 11-50
  • Funding: $141,541,256
  • Funding rounds: 4
  • Number of investors: 17 (GGV Capital, CICC, Legend Capital, GL Ventures, Hillhouse Capital Group)

You can find their website here.

9) 23Mofang

23Mofang

23Mofang is a Chinese company that offers genetic testing and conducts life data analysis.

Details of the startup:

  • Country: China
  • State: Sichuan
  • City: Chengdu
  • Started in: 2015
  • Founders: Zhou Kun
  • Number of employees: 51-100
  • Funding: CN¥160,000,000
  • Funding rounds: 3
  • Number of investors: 5 (Matrix Partners China, FH Capital, Hanwang Technology, Yahui Precision Medicine Fund, Chengdu Deshang Qidian Equity Investment)

You can find their website here.

10) Yikon Genomics

Yikon Genomics

Genetic Tests To Support Family Planning Stages of Life is the name of the company.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Minhang
  • Started in: 2012
  • Founders: Sunney Xie
  • Number of employees: 11-50
  • Funding: $31,000,000
  • Funding rounds: 1
  • Number of investors: 4 (KingMed Diagnostics, Guangzhou Yuexiu Industrial Investment Fund, Yuexiu Group, Wuhan Zhongyuan Huadian Science & Technology)

You can find their website here.

11) Porton Biologics

Porton Biologics

Porton Biologics provides innovators with end-to-end gene/therapy CDMO services, from early stage development to IND filing and commercial production.

Details of the startup:

  • Country: China
  • State: Jiangsu
  • City: Suzhou
  • Started in: 2018
  • Number of employees: 51-100
  • Funding: CN¥400,000,000
  • Funding rounds: 1
  • Number of investors: 5 (GL Ventures, State Development & Investment Corporation (SDIC), HM Capital, Huatai Ruilian, Momentum Venture)

You can find their website here.

12) SOPHiA GENETICS

SOPHiA GENETICS

SOPHiA GENETICS is a biotechnology company that wants to help healthcare professionals by leveraging data-driven medicine's capabilities.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Boston
  • Started in: 2011
  • Founders: Jurgi Camblong, Lars Steinmetz, Pierre Hutter
  • Number of employees: 251-500
  • Funding: $250,152,150
  • Funding rounds: 7
  • Number of investors: 19 (Eurazeo, Balderton Capital, Credit Suisse, Idinvest Partners, ACE & Company)

You can find their website here.

13) Embark

Embark

Embark provides dog DNA testing to eliminate diseases in dogs that are preventable.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Boston
  • Started in: 2015
  • Founders: Adam Boyko, Matt Salzberg, Ryan Boyko, Spencer Wells
  • Number of employees: 101-250
  • Funding: $19,300,000
  • Funding rounds: 4
  • Number of investors: 11 (FJ Labs, SV Angel, Slow Ventures, Founder Collective, F-Prime Capital)

You can find their website here.

14) Inivata

Inivata

Inivata is a clinical cancer genomics startup that uses circulating DNA analysis to unlock the potential of cancer genomics.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Cambridge-US
  • Started in: 2014
  • Founders: Davina Gale, James Brenton, Nitzan Rosenfeld, Tim Forshew
  • Number of employees: 51-100
  • Funding: $164,354,305
  • Funding rounds: 5
  • Number of investors: 11 (IP Group Plc, Cambridge Innovation Capital, NeoGenomics, Janus Henderson Investors, Farallon Capital Management)

You can find their website here.

15) Quantgene

Quantgene

Liquid Biopsy, Genomics, A.I., Cancer Diagnostics

Details of the startup:

  • Country: United States
  • State: California
  • City: Santa Monica
  • Started in: 2016
  • Founders: Dr. Monika Hagen, Johannes Bhakdi
  • Number of employees: 51-100
  • Funding: $20,734,143
  • Funding rounds: 4

You can find their website here.

16) Helix

Helix

Helix is a population genomics firm dedicated to furthering genomics research and integrating genomic data into clinical care.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Mateo
  • Started in: 2015
  • Founders: James Lu, Justin Kao, Scott Burke
  • Number of employees: 101-250
  • Funding: $403,000,000
  • Funding rounds: 5
  • Number of investors: 11 (National Institutes of Health, Mayo Clinic, Temasek Holdings, Casdin Capital, Warburg Pincus)

You can find their website here.

17) BillionToOne

BillionToOne

BillionToOne is a precision diagnostics startup dedicated to making molecular diagnostics more accurate, efficient, and accessible to the general public.

Details of the startup:

  • Country: United States
  • State: California
  • City: Menlo Park
  • Started in: 2016
  • Founders: David Tsao, Oguzhan Atay, Sukrit Silas
  • Number of employees: 11-50
  • Funding: $87,520,000
  • Funding rounds: 7
  • Number of investors: 19 (Norwest Venture Partners, 500 Startups, Y Combinator, Fifty Years, HOF Capital)

You can find their website here.

18) Genapsys

Genapsys

GenapSys is working on a new DNA sequencing technology and detection system for medical sequencing and applied genomic diagnostics.

Details of the startup:

  • Country: United States
  • State: California
  • City: Redwood City
  • Started in: 2010
  • Founders: Hesaam Esfandyarpour
  • Number of employees: 101-250
  • Funding: $319,000,000
  • Funding rounds: 9
  • Number of investors: 10 (Casdin Capital, Foresite Capital, Plug and Play Tech Center, Farallon Capital Management, Decheng Capital)

You can find their website here.

19) Color

Color

Color is a population health technology firm that uses clinical genetics to deliver superior healthcare.

Details of the startup:

  • Country: United States
  • State: California
  • City: Burlingame
  • Started in: 2015
  • Founders: Elad Gil, Nish Bhat, Othman Laraki, Taylor Sittler
  • Number of employees: 251-500
  • Funding: $397,000,000
  • Funding rounds: 8
  • Number of investors: 34 (General Catalyst, Khosla Ventures, SV Angel, CRV, T. Rowe Price)

You can find their website here.

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