PetaGene
Latest round
- Series A
Last raised
- Dec 2018
Total raised
- $2.4M
Investors
- 2
About PetaGene
PetaGene Ltd.PetaGene Ltd. was founded in 2016 in Cambridge, UK, focusing on developing technologies to compress large genomic data files. The company's founders, Dan Greenfield and Vaughan Wittorff, aim to enhance data management for genomics.1 mn.PetaGene specializes in lossless genomic data compression, primarily offering its core product, PetaSuite, which includes the PetaSuite Cloud Edition and PetaSuite Protect. These products significantly reduce the size of genomic data files, achieving compression rates of 60% to 90% without compromising data quality. PetaGene's solutions allow transparent access to compressed files, enabling users to utilize existing tools and pipelines seamlessly.PetaGene generates revenue primarily through direct sales of its software solutions to businesses and research institutions involved in genomic research and clinical diagnostics. The business model revolves around subscriptions and partnerships, allowing clients to leverage their compression technology for effective data management.PetaGene aims to expand its product offerings and market reach. They are developing new features within PetaSuite to enhance data management capabilities, with planned releases in the upcoming year. The company is also targeting expansion into new geographic regions, specifically focusing on North America and Asia by 2024.
Who invested in PetaGene
2 investors across 3 rounds
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Questions about PetaGene
Who invested in PetaGene?
PetaGene has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PetaGene raised?
PetaGene has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did PetaGene last raise money?
PetaGene's most recent round on record is a Series A, in Dec 2018.
What does PetaGene do?
PetaGene is a software company.
Where is PetaGene headquartered?
PetaGene is headquartered in Cambridge, UK.
Which VCs invest in companies like PetaGene?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at PetaGene's stage. Their profiles are linked below.
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