54gene
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54gene

http://www.54gene.com/
Last activity: 18.10.2022
Categories: B2CAfricaTechDataDiagnosticsDevelopmentDrugMedTechHealthTechResearchService
54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market; Nearly 90% of genetic material used in pharmaceutical research is Caucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined. As a result, pharmaceutical research and development is lacking the diverse data that may hold the key to medical discoveries and new healthcare solutions.
Followers
8.44K
Mentions
81
Location: United States, District of Columbia, Washington
Employees: 201-500
Total raised: $64.5M
Founded date: 2019

Investors 11

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Funding Rounds 6

DateSeriesAmountInvestors
20.09.2021Series B$25MCathay Inn...
15.04.2020Series A$15MAdjuvant C...
14.04.2020Series A$15M-
26.03.2020-$500K-
04.07.2019Seed$4.5M-
03.07.2019Seed$4.5M-

Mentions in press and media 81

DateTitleDescriptionSource
18.10.202250 African tech founders launch Pando DAO to drive developme...In recent times, the African tech ecosystem has been on a steady upward trajectory. This year, ventu...techcabal....
29.09.2022Africa’s tech ecosystem can’t PR its way out of weak ethics...Laura Eboa Songue is a communication, digital marketing, and PR strategist. She is an advisor to hig...techcabal....
29.08.2022African genomics startup 54gene lays off 95 as COVID testing...African genomics startup 54gene has laid off 95 employees, or about 30% of its LinkedIn-sourced 290+...techcrunch...
22.08.2022Amidst global investment downturn, Microtraction announces a...For most of 2022, founders globally have had one question: where are investors, and why aren’t they ...techcabal....
31.01.2022Meet The Nigerian Tackling The Genetic Basis Of CancerOlufunmilayo I. Olopade at the School of Public Health, Peking University, Beijing, China, on Sept. ...forbes.com...
21.01.2022Techpoint Build Spotlight: 54Gene is developing world class ...Share this article: In recent years, Africa has lagged behind the rest of the world in medical techn...techpoint....
08.12.2021Techpoint Awards 2021: And the nominees are…Share this article: [Updated on December 15, 2021]: Payourse requested to be removed as a finalist i...techpoint....
06.12.2021Cellular agriculture & emerging markets: Just because we...Saron Berhane is an agrifoodtech entrepreneur based in Sydney, Australia. The views expressed in thi...agfunderne...
04.10.2021Money Moves: Fintech startup Rize just raised $11.4M for its...Arlington, Virginia-based Rize, a financial services firm, closed on $11.4 million in a Series A rou...technical....
18.09.202154gene, an African genomics company, has raised $25 million ...54gene, an African genomics company, has raised $25 million in a Series B funding round to develop g...techgistaf...
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